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IAG revises half year perils outlook after Xmas day weather claims

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Insurance Australia Group has confirmed that its Australia Direct and CGU businesses had received to date approximately 24 000 claims following the hailstorms and related severe weather which occurred in Victoria around Christmas Day.

While the speed of claims lodgement has been impacted by the time of year as customers are still returning from holidays, IAG added its current expectation was that this event will result in a net

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