ASX:IAGInsurance
A Look at Insurance Australia Group’s (ASX:IAG) Valuation After Surge in Storm Claims and Reinsurance Update
Insurance Australia Group (ASX:IAG) received over 10,000 claims in the wake of severe storms across Queensland, New South Wales, and Victoria. The company quickly activated its major event command center and reassured investors about limited net costs due to reinsurance.
See our latest analysis for Insurance Australia Group.
IAG’s share price has pulled back nearly 12% over the last three months, reflecting caution after recent weather events. Its 1-year total shareholder return of 1.4% and a...