BRIEF-IAG says increased its FY2014 reported Insurance margin guidance to 14.5% - 16.5%

Thu, 23 Jan - 7:40am

Jan 23 (Reuters) - Insurance Australia Group Ltd IAG.AX :

* IAG updates FY 2014 guidance IAG.AX

* Says revised its FY 2014 reported Insurance margin guidance to 14.5-16.5%, up from the previously advised 12.5-14.5%

* Expects to report GWP growth of approximately 4% in H1 2014

* Says reduced its FY 2014 Gross Written Premium (GWP) growth guidance to 3-5%

* Says anticipated reporting an insurance margin of around 17.5% for the six months ended 31 December 2013

* Source text for Eikon News Search ID:nASX2nGqqp

* ((For more news, please click here IAG.AX ))

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URN: 
urn:newsml:reuters.com:20140122:nWNBS00AG9:8
Topics: 
RES AU FINS CMPNY BLR PINS ASIA LEN RTRS BACT INS RESF FIN INSR

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