IAG lifts NZ insurance rates but profit drops
Its brands include AMI, State, NZI, NAC, Lumley, and Lantern.
Insurance Australia Group’s New Zealand business grew on the back of higher rates last year but its profit fell as claims returned to normal after a Covid-related drop.
IAG – which trades under the AMI, State, NZI, NAC, Lumley, and Lantern brands – is New Zealand’s largest general
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