IAG lifts FY outlook

Strong second half with few natural perils spurs insurer to upwardly revise guidance.

Insurance Australia Group (IAG) has upwardly revised its full-year expectations after a strong second-half performance with few natural disasters.

For the twelve months to June 30, Insurance Australia Group expects to report an insurance margin between 18 and 18.3%, up from previous guidance of between 14.5 and 16.5%.

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