REDUCING RISK
Reducing risk makes good
business sense for an insurer.
As a business that deals in risk, it is vital for us to factor in long-term trends when managing our business. We work to reduce risk in the community, because fewer risks mean fewer claims. This means customers benefit from safer communities and lower premiums. We also work to reduce our operational risks by diversifying our business across different insurance markets and products, which means our shareholders benefit from more stable earnings.
We talk more about how we have reduced risk through diversification.
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GEOGRAPHIC SPREAD |
IAG’s regional breakdown by percentage of GWP for the year to 30 June 2007. |
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PORTFOLIO PRODUCT MIX |
IAG’s mix of insurance products by percentage of GWP for the year to 30 June 2007. |
