Original article by Michael Rodman
The Australian – Page: 31 : 7-Apr-16

Income from their investment portfolios generates a significant proportion of Australian-listed insurance companies’ earnings. Andrew Adams of Credit Suisse says financial market volatility during the March 2016 quarter will in turn put downward pressure on their dividend payouts. Insurance Australia Group is likely to be hardest hit by the market volatility. Adams has scaled back his 2015-16 profit forecast for the group from $A920m to $A830m.

CORPORATES
CREDIT SUISSE (AUSTRALIA) LIMITED, INSURANCE AUSTRALIA GROUP LIMITED – ASX IAG, QBE INSURANCE GROUP LIMITED – ASX QBE, SUNCORP GROUP LIMITED – ASX SUN, STANDARD AND POOR’S ASX 200 ACCUMULATION INDEX