25 Oct 2012

IAG on target to deliver improved full year earnings

10:40 am on 25 October 2012

Insurance Australia Group says it remains on target to deliver improved full year earnings.

At its annual meeting, IAG chief executive Mike Wilkins told investors it expects premium growth of between 9 and 11% and that the integration of AMI in New Zealand is proceeding well.

Mr Wilkins says the insurer is on track to an improved insurance margin of 11 to 13%.