IAG takes claims of up $175m
IAG takes claims of up $175m Updated: 14:06, Monday February 11, 2013 Insurance Australia Group says claims from recent floods and bushfires on Australia's east coast could cost it up to $175 million.
AIG will sell off its valuable Asian insurance business, a move that will jump start its plan to pay back more than a $100 billion in taxpayer bailout money.