Original article by Ruth Liew
The Australian Financial Review – Page: 16 : 15-Dec-14
Insurance Australia Group’s Andy Cornish says the storm that hit Brisbane in late November 2014 should not have much impact on premiums. He forecasts a single-digit increase in its premiums for home and car insurance in 2015. The general insurer has received more than 15,000 claims arising from the storm, and it expects to pay out between $A140m and $A150m
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INSURANCE AUSTRALIA GROUP LIMITED – ASX IAG, SUNCORP GROUP LIMITED – ASX SUN, NRMA LIMITED, CGU INSURANCE AUSTRALIA LIMITED, LUMLEY INSURANCE GROUP LIMITED, COLES INSURANCE