IAG reaffirms outlook, in talks over UK asset sale

SYDNEY, Nov 11 (Reuters) - Insurance Australia Group Ltd (IAG) (IAG.AX) reaffirmed its full-year profit outlook on Tuesday and said it is continuing discussions on a sale of some of its UK businesses.

The nation's top car and home insurer expects to deliver gross written premium growth within its 0-2 percent guidance range, and an improved insurance margin in excess of 10 percent, Chief Executive Michael Wilkins said in a statement to the annual general meeting. ($1=1.49) (Reporting by Mette Fraende)