Insurance Australia Group Ltd
IAG: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$1.20 | Bmv | Shgfcslx |
Insurance Australia Group Upgrades Fiscal 2013 Guidance by More Than Expected
Insurance Australia Group upgraded its fiscal 2013 insurance margin guidance from a 12.5% to 14.5% range to 16.8% to 17.2% driven by favourable natural perils claims experience, reserve releases and credit spreads.