IAG 0.62% $6.40 insurance australia group limited

News: IAG on track for FY15 guidance

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    Insurance Australia Group Limited (ASX:IAG) head honcho Mike Wilkins says the insurer is on track to deliver on FY15 guidance. 
     
    Speaking at the company’s AGM, Mr Wilkins said the first quarter has seen strong performance and he anticipates GWP growth in the range of 17-20 per cent. 
     
    The acquisition of the former Wesfarmers business is believed to have added significant value to IAG and the integration is running to schedule. 
     
    IAG reported a net profit of $1.3 billion for the 2014 financial year.
 
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