IAG’s GWP up 10.6%, but underwriting profit down 35% in FY2023

Net profits up 140% thanks to investing results, but combined ratio deteriorates to 93.6% due to Nat Cats in Australia and New Zealand.

Share

Iags gwp up 10 6 but underwriting profit down 35 in fy2023
Picture of Editorial team

Editorial team

THIS PREMIUM INSIGHT IS FOR SUBSCRIBERS ONLY.

Stay ahead with precise, independent journalism of APAC's insurance markets.

Unlocked access today:

Already subscribed? Log in here

Read next

investing-in-ai-boundaries-key-to-incorporating-genai-across-insurance-value-chain
small-and-medium-chinese-p-and-c-insurers-face-profitability-challenge
monte-carlo-reflections-flatter-rates-shifts-focus-to-long-term-stability
more-regional-insurance-capacity-key-to-growth-of-asias-voluntary-carbon-credit-market
ifrs-17-muddies-comparison-of-reinsurers-results
urgent-need-to-close-global-cyber-insurance-protection-gap
two-years-on-key-points-of-discussion-remain-for-australian-cyclone-reinsurance-pool
asian-nat-cat-insurance-protection-gap-double-latin-americas
growth-in-sme-cyber-risks-calls-for-adjustments-in-cat-models-guy-carpenter
updated-australian-rainfall-anp-runoff-guidelines-forces-flood-risk-rethink

Share this article