IAG reiterates FY guidance

Insurer on track to meet forecasts, says bushfire claims fall within allowance.

Insurance Australia Group (IAG) has confirmed it is on track to meet its full-year 2014 guidance.

At the insurer's annual general meeting, chief executive officer Mike Wilkins said the group was set to deliver an insurance margin of 12.5% to 14.5% and gross written premium growth of five to seven per cent.

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