Insurance Post

IAG posts solid results in 'challenging conditions'

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Australian-headquartered giant IAG saw after tax profits fall 14% but insurance profits climb 6.8% for the full year ending 30 June.

Insurance profits climbed 6.8% to A$1.18bn (£686m) over the same period last year but after tax profits fell 14.1% to A$625m as investment returns fell in tougher equity markets and IAG paid a A$139m

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