Aug 21 (Reuters) - Insurance Australia Group Ltd IAG.AX :
* For FY 2016, iag expects another year of solid performance"
* fy16 gwp growth is anticipated to be relatively flat
* Iag's reported Insurance margin guidance for FY 2016 remains 14-16%.
* Says after allowance for the quota share, underlying profitability in FY 2016 is expected to be consistent with that of FY 2015.
* Implementation of quota share agreement with berkshire hathaway from 1 July expected to reduce earnings volatility from 20% of group's business.
* Expects the canterbury rebuild will be largely complete by the middle of the 2016 calendar year
* Source text for Eikon ID:nASX8kwmV5
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