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Why this broker sees the IAG (ASX:IAG) share price gaining 12%

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The Insurance Australia Group Ltd (ASX: IAG) share price has been underperforming this year.

Since the start of the year, the insurance giant’s shares have risen 7%.

This compares to a gain of almost 11% for the S&P/ASX 200 Index (ASX: XJO) over the…



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