Australian insurer IAG has reported a staggering 91% increase in net profit, soaring to A$778 million for the first half of the 2025 financial year, up from A$407 million last year. Key drivers of this growth include a A$140 million post-tax release from COVID Business Interruption provisions and improved premiums, showcasing IAG’s resilience and commitment to customer service despite ongoing market challenges. Source and details of the news