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IAG investor backlash: Board should ‘consider’ quitting – The Australian Financial Review

The insurer has copped a rebuke from investors and advisors about oversight after $1.5 billion in mistakes.

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The failures included not passing on hundreds of millions of dollars in customer refunds, staff underpayments and a policy-wording disaster for pandemics. These helped erode dividend payouts and pummeled IAGs share price.
Ms Bryan said she believed shareholder…

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