IAG
Updated
Earnings season
Insurance giant IAG posts $900 million profit on the back of rising premiums
The insurer behind the RACV and NRMA brands saw profits climb and flagged an up to 9 per cent rise on premiums in the 2025 financial year.
- by Sumeyya Ilanbey
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The febrile hunt for profiteers in the midst of a cost-of-living crisis meant Australia’s largest companies had to worry about the potentially disastrous consequences of doing too well.
- by Colin Kruger
Australians face more insurance rises despite cost of living concerns
Australian insurers expect premiums to continue rising this year despite growing concerns about affordability and the growing impact on the country’s inflation figures.
- by Millie Muroi
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Cyber attacks on companies are common enough, but will only become more so – and AI will drive an increase in their quantity and quality.
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‘Black hole’: Insurers warn of unaffordable premiums, home risks
Insurance giants are calling for planning reform and home relocations to avoid spiralling premiums.
- by Millie Muroi
IAG top lawyer leaves after insurer claims he breached its code of conduct
General counsel and company secretary Peter Horton will leave immediately after the insurer concluded his behaviour had fallen short of its code of ethics and conduct.
- by Millie Muroi
Insurance profits tipped to get a boost from El Nino
After insurers were hit by record-breaking flood costs last year, investors are betting giants such as IAG and Suncorp could benefit from a hot, dry summer.
- by Clancy Yeates
Insurance giant misled loyal customers about discounts, ASIC alleges
The corporate watchdog is taking the companies behind brands including SGIO, SGIC and RACV to Federal Court for allegedly promising misleading discounts.
- by Millie Muroi
Insurance premiums going up as IAG books bumper profit
The insurer that runs NRMA and CGU will increase premiums to cover rising costs amid more frequent disasters, all while eyeing a profit of up to $1.4 billion for the next financial year.
- by Millie Muroi
Steep jump in premiums, more to come for home and car insurance
Insurance giant IAG says a high proportion of customers continue to renew their home and car insurance policies, despite premiums rising by about 10 per cent.
- by Clancy Yeates
Updated
Building insurance
Insurance giant IAG says big premium rises to continue
Insurance Australia Group says premiums are set to keep rising steeply for at least another year as it passes on higher costs.
- by Clancy Yeates
Original URL: https://www.brisbanetimes.com.au/topic/iag-rx