ASX:IAGInsurance
Assessing Insurance Australia Group’s Valuation After Greensill Settlement And Ongoing Share Buy-Back
Insurance Australia Group (ASX:IAG) has reached a confidential settlement with the administrator of collapsed Greensill Capital, resolving Federal Court claims of roughly A$4b plus interest and easing a key legal overhang for investors.
See our latest analysis for Insurance Australia Group.
At a share price of A$7.55, Insurance Australia Group’s recent legal settlement and ongoing on market buy back update come against a backdrop of a 15.09% 90 day share price return, while the 1 year total...