IAG remains resilient amid COVID-19 pandemic
Performance reflects the seasonally low incidence of natural peril events
Performance reflects the seasonally low incidence of natural peril events
Insurer suffered significant losses resulting from claims related to summer bushfires and hailstorms
Appointment effective November 02
Uncertainty over the replacement is weighing on the company's share price
Insurers have paid out billions in claims to date
Margins are as forecast
CEO says research is "critical to understanding the risks that Australian communities face"
"We enter FY21 with a strong balance sheet"
Current boss aims to retire by year-end
Net profit on sale to be booked in second half