Brief: Insurance Australia Group Announces Settlement Of Credit Suisse Proceedings
25/09/2026 02:27
BRIEF-Insurance Australia Group Announces Settlement Of Credit Suisse Proceedings Sept 25 (Reuters) - Insurance Australia Group Limited IAG.AX:
ANNOUNCES SETTLEMENT OF CREDIT SUISSE PROCEEDINGS IN FEDERAL COURT OF AUSTRALIA
SAYS SETTLEMENT WILL NOT MATERIALLY IMPACT FINANCIAL POSITION OR FY27 RESULTS
TERMS OF CREDIT SUISSE SETTLEMENT ARE CONFIDENTIAL
CREDIT SUISSE PROCEEDINGS CLAIMED ABOUT A$2.8 BILLION PLUS INTEREST
WHITE OAK PROCEEDINGS AGAINST IAL REMAIN ONGOING WITH CLAIMS OF ABOUT A$170 MILLION PLUS INTEREST
Further company coverage: IAG.AX
((Reuters.Briefs@thomsonreuters.com;))
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