IAG expect premiums to rise up to 10 per cent

/, Insurers/IAG expect premiums to rise up to 10 per cent

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Insurance Australia Group (IAG) chief Mike Wilkins has told media that with an increase in reinsurance cost house and car insurance premiums are set to rise.

”We see the pricing outlook for the next year for home and motor in the range of 5 per cent to 10 per cent, some will be more, some will be less,”

IAG brands include NRMA and RACV

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