BRIEF-Insurance Australia Group Updates On Business Interruption Policyholder Class Action

Reuters
31 Jan
BRIEF-Insurance Australia Group Updates On Business Interruption Policyholder Class Action

Jan 31 (Reuters) - Insurance Australia Group Ltd IAG.AX:

  • UPDATE ON BUSINESS INTERRUPTION POLICYHOLDER CLASS ACTION

  • EXPECTS TO RELEASE A$200 MILLION OF A$380 MILLION BUSINESS INTERRUPTION PROVISION

  • REMAINING PROVISION REFLECTS POTENTIAL FOR FURTHER VALID BUSINESS INTERRUPTION CLAIMS TO EMERGE

Further company coverage: IAG.AX

((Reuters.Briefs@thomsonreuters.com;;))

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