Insurance Australia Group Limited (IAG) is engaged in underwriting of general insurance and related corporate services, and investing activities. The Company operates in six segments. Australia direct insurance, Australia intermediated insurance (CGU), New Zealand insurance, United Kingdom insurance, Asia insurance, and Corporate and other. Australia direct insurance comprises insurance products distributed through a network of branches, franchises and country service centers throughout Australia. Australia intermediated insurance comprises insurance products primarily sold under the CGU and Swann insurance brands through insurance brokers, authorized representatives and distribution partners. New Zealand insurance comprises the general insurance business underwritten through subsidiaries in New Zealand. United Kingdom insurance comprises the general insurance underwriting and broker distribution services operating through subsidiaries in the United Kingdom.

Articles About IAG

A man walks past a poster of savings bank Bankia in Madrid
Spain’s Bankia Selling Stake In British Airways Owner IAG

By IBTimes UK

Bankia and parent company BFA plan to sell its holdings in IAG and other companies to raise much-needed capital. (3:42 am)

BA-Japan Airlines joint business cleared

By Reuters UK

British Airways-owner IAG <ICAG.L> said its joint business with Japan Airlines <JAPACI.UL> had received competition clearance, allowing the pair to cooperate commercially on flights between Europe and Japan. (May 25)

MORE TOPICS: JAPAN AIRLINES, JAPAN, AMERICAN AIRLINES, LONDON

LTN looks at Big Cap Gold and Silver Miners

By LiveTradingNews

Below are valuations for the Big Cap Gold and Silver Miners stocks, as follows; Barrick Gold Corporation (NYSE:ABX); Goldcorp Inc. (NYSE:GG); Newmont Mining Corp. (NYSE:NEM); AngloGold Ashanti Ltd. (NYSE:AU); Kinross Gold Corporation (NYSE:KGC); Agnico-Eagle Mines Ltd. (NYSE:AEM); Gold Fields Ltd. (May 22)

MORE TOPICS: GOLD, NYSE, INVESTMENT, SILVER

FTSE 100 drops to six-month closing low

By Reuters UK

The top share index closed below 5,400 for the first time this year on Thursday, extending its falls to a fourth straight session as jitters over turmoil in the euro zone dominated the market backdrop. (May 17)

MORE TOPICS: GOLD, BARCLAYS, FTSE, STORM, LONDON

German GDP surprise helps FTSE 100 bounce back

By Reuters UK

A rally by hard-pressed commodity stocks and banks after sharp falls the previous day helped Britain's leading share index bounce back on Tuesday, with euro zone concerns appeased slightly by unexpectedly strong German growth data. (May 15)

MORE TOPICS: MORGAN STANLEY, ROYAL BANK OF SCOTLAND, FTSE, GDP, COPPER, MANAGEMENT

Willie Walsh
IAG Losses Soar to €249 Million as Spain Recession and High Oil Prices Hurt

By IBTimes UK

International Airlines Group, the parent company of British Airways and Iberia, has posted a first quarter loss of €249m. (May 11)

MORE TOPICS: UNEMPLOYMENT, LONDON

Markets
European Earnings Round-Up: First Market Reaction to Telefonica, IAG, Credit Agricole

By IBTimes UK

A brief summary of the early market reaction to major corporate earnings releases for Friday 10 May (May 11)

MORE TOPICS: IMF, MANAGEMENT

Lufthansa executive is first female CFO at DAX-30 company

By Reuters

Deutsche Lufthansa <LHAG.DE> named Simone Menne as its new chief financial officer on Monday, appointing the first female CFO at a German blue-chip company and picking a company insider to replace Stephan Gemkow. (May 07)

MORE TOPICS: MANAGEMENT, INVESTMENT

Heathrow
Heathrow Fails Passport Control Test as Games Traffic Surge Looms

By IBTimes UK

UK Border Force data shows continued delays as London braces for huge surge in air traffic for 2012 Olympics (May 03)

MORE TOPICS: RICHARD BRANSON, LONDON

A Defensive Portfolio Is the Best Offense: Paolo Lostritto

By Street Wise Reports

Paolo Lostritto, mining equity research analyst with National Bank Financial, attributes development companies' current struggles to both the recent trend for capital and operating cost increases and to the European sovereign debt crisis. (Apr 30)

MORE TOPICS: AL-QAEDA, GOLD, NYSE, ADVERTISING, GHANA, MALI

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