Friday, January 24, 2020

Australia's IAG Cuts Insurance Margin Forecast on Hailstorm Claims, Shares Slump


By Reuters
NYT Business Day
Insurance Australia Group cut its fiscal 2020 insurance margin guidance on Friday after a surge in claims from recent hailstorms in the country's east coast, sending its shares sliding to their biggest one-day decline in more than 17 months.
Published date: January 24, 2020 at 10:37AM
Reuters
New York Times article

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