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IAG incurs $150 million in claims from storms and earthquake

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IAG incurs $150 million in claims from storms and earthquake

Insurance Australia Group Ltd. in its latest guidance for the financial year ended June 30, 2017 noted that it had incurred around $200 million Australian ($150 million) in claims from the Trans-Tasman storm and New Zealand earthquake. It also reported that its premium volume would be flat for the year.

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