ASX:IAG

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ASX:IAG

IAG raises catastrophe insurance to $5B

03 Jan 2013 - Insurance Australia Group Limited (ASX:IAG) announces details of its Group Catastrophe reinsurance program for the 2013 calendar year.

Market Wrap: Aus shares close 0.2% lower

17 Dec 2012 - Aus shares close 0.2% lower. Brambles Limited (ASX:BXB) acquire's CEVA Logistics bulk shipping arm Pallecon for $166.8 million.

IAG confirms sale of UK broking arm

17 Dec 2012 - Insurance Australia Group Limited (ASX:IAG) confirms the sale of its specialist UK broking arm Independent Commercial Brokers (ICB) for approximately $15 million.

IAG to offload UK operations

14 Dec 2012 - Insurance Australia Group Limited (ASX:IAG) sells its UK based Equity Red Star business to privately owned New York based equity and venture capital firm Aquiline Cap…

Midday: ASX spikes despite leads

23 Oct 2012 - Ten Network Holdings Limited (ASX:TEN) confirms it has received a new $110 million offer from US based Champ private equity for its outdoor advertising business EyeCo…

IAG FY profit slides 17%

23 Aug 2012 - Insurance Australia Group Limited (ASX:IAG) posts a 17 per cent drop in its annual net profit, coming in at $207 million.

Market Wrap: Aus shares retreat 0.5%

10 Jul 2012 - Aus shares retreat 0.5%. Pipeline Partners Australia Pty Ltd provides Hastings Diversified Utilities Fund (ASX:HDF) with a binding proposal.

IAG expanding Asian footprint

10 Jul 2012 - Insurance Australia Group Limited (ASX:IAG) outlines its aggressive expansion strategy into Asia.

Market Wrap: Aus shares drop for third session

17 May 2012 - Aus shares drop for third session. BHP Billiton Limited (ASX:BHP) pulls out from its joint venture with Breakaway Resources Limited (ASX:BRW).

IAG reviews UK business

17 May 2012 - Insurance Australia Group Limited (ASX:IAG) is undertaking a strategic review of its UK business.

Outlook: Aus shares poised to rise

18 Apr 2012 - Aus shares poised to rise. Insurance Australia Group Limited (ASX:IAG) continues its Asian expansion by entering the Vietnamese insurance market.

Market Wrap: ASX rises almost 1%

13 Apr 2012 - ASX rises almost 1%. Qantas Airways Limited (ASX:QAN) chief executive Alan Joyce and the federal Tourism Minister say urgent action is needed for a second Sydney airp…

IAG accelerates Asian expansion

13 Apr 2012 - Insurance Australia Group Limited (ASX:IAG) expands into Malaysia’s insurance market with a $235 million investment into a new business.

IAG completes AMI acquisition

05 Mar 2012 - Insurance Australia Group Limited (ASX:IAG) completes acquisition of New Zealand’s AMI insurance business following final regulatory approval.

IAG to raise $350M

19 Mar 2012 - Insurance Australia Group Limited (ASX:IAG) announces the offer of new convertible preference shares to raise about $350 million.

IAG slashes 600 jobs

09 Mar 2012 - Insurance Australia Group Limited (ASX:IAG) to axe 600 jobs from its Australian intermediated business, CGU.

IAG advances AMI takeover

01 Mar 2012 - Insurance Australia Group Limited (ASX:IAG) has advanced its takeover of New Zealand’s second largest general insurer, AMI Insurance.

Market Wrap: ASX slightly lower

23 Feb 2012 - ASX slightly lower. Origin Energy Limited (ASX:ORG) posts a net profit of $794 million for the half year to December.

IAG H1 profit slips 10.6%

23 Feb 2012 - Insurance Australia Group Limited (ASX:IAG) posts a lower first half profit and forecasts its full year margin will come in at the lower end of guidance.

IAG flood claims

27 Jan 2012 - Insurance Australia Group Ltd (ASX:IAG) and Suncorp Group Ltd (ASX:SUN) have already recorded hundreds of claims mostly from south-east Queensland as torrential rains…

Market Wrap: Aus shares end 1.14% higher

10 Jan 2012 - Aus shares end 1.14% higher. Pacific Equity Partners is set to walk away from its takeover bid of Spotless Group Limited (ASX:SPT) - it’s rejected the demand that it …

Christmas storm claims to cost $200m

10 Jan 2012 - Insurance Australia Group Limited (ASX:IAG) says it’s received 24,000 claims relating to the Christmas hailstorms in Victoria.

Market Wrap: Three week high

04 Jan 2012 - Australian share market closes on a three week high. Condom and glove maker Ansell Limited (ASX:ANN) has flagged its intent to diversify its operations by taking a 9.…

Midday: ASX up 2.25%

04 Jan 2012 - ASX up 2.25%. Insurance Australia Group Limited (ASX:IAG) has increased its reinsurance program by $600 million.

Market Wrap: Aus shares claw back 0.5%

16 Dec 2011 - Aus shares claw back 0.5%. The major retailers take a hit after JB Hi-Fi Ltd (ASX:JBH) stuns the market with a profit warning.