Business Insurance will be back online in October. Please check back then to subscribe/register.

All existing subscriptions will be honored. Contact with any questions.


Insurance Australia Group net profit up 39%

Comments Email Reprints

Insurance Australia Group Ltd. registered a 39% increase in net profit to $642 million Australian ($572 million) for the six months ended Dec. 31, 2013, The Sydney Morning Herald reported.

The insurer reported a 4% increase in revenue to AUD 4.8 billion. The insurer's chief executive, Mike Wilkins, said "our underlying margin has more than doubled since the 2009 financial year."

Read more

More from BI