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Insurance Australia Group Ltd

IAG.AX

Latest Trade

4.88AUD

Change

0.00(0.00%)

Volume

7,122,247

Today's Range

4.82

 - 

4.93

52 Week Range

4.38

 - 

6.83

As of on the Australian Stock Exchange Ltd ∙ Minimum 15 minute delay

Pricing

Previous Close
4.88
Open
4.92
Volume
7,122,247
3M AVG Volume
144.82
Today's High
4.93
Today's Low
4.82
52 Week High
6.83
52 Week Low
4.38
Shares Out (MIL)
2,465.00
Market Cap (MIL)
12,029.69
Forward P/E
19.64
Dividend (Yield %)
1.43

Next Event

Dividend For IAGFB - 0.0129 NZD

Latest Developments

More

IAG Says 2021 Catastrophe Program Placed

Insurance Australia Group Posts HY Net Loss Attributable Of $460 Million

IAG Says For 2021 CY, Maintaining Gross Reinsurance Protection Cover At Up To $10 Bln

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About Insurance Australia Group Ltd

Insurance Australia Group Limited is engaged in the underwriting of general insurance and related corporate services and investing activities. The Company's divisions include Australia, New Zealand, and Corporate and others. The Australia division provides general insurance products to both individuals and businesses in Australia. The Australian division provides consumer insurance products through branches, call centers, the Internet and representatives. The Australian division also includes travel insurance, life insurance and income protection products which are underwritten by third parties. The New Zealand division is the general insurance provider in both the direct and broker/agent channels. The New Zealand division provides insurance products directly to customers, primarily under the State and AMI brands, and indirectly through insurance brokers and agents, under the NZI and Lumley Insurance brands.

Industry

Insurance (Prop. & Casualty)

Contact Info

Darling Park

Twr Two, L 13 201 Sussex Street

SYDNEY, NSW

2000

Australia

+61.2.92929222

https://www.iag.com.au/

Executive Leadership

Elizabeth Blomfield Bryan

Independent Non-Executive Chairman of the Board

Nicholas B. Hawkins

Chief Executive Officer, Managing Director

Michelle McPherson

Chief Financial Officer

Craig Olsen

Chief Executive - New Zealand

David Andrew Watts

Chief Risk Officer

Key Stats

2.44 mean rating - 9 analysts
Sell
Hold
Buy
Revenue (MM, AUD)

2018

7.7K

2019

7.2K

2020

7.4K

2021(E)

8.6K
EPS (AUD)

2018

0.438

2019

0.370

2020

0.111

2021(E)

0.251
Price To Earnings (TTM)
--
Price To Sales (TTM)
0.89
Price To Book (MRQ)
1.89
Price To Cash Flow (TTM)
255.95
Total Debt To Equity (MRQ)
40.31
LT Debt To Equity (MRQ)
40.31
Return on Investment (TTM)
--
Return on Equity (TTM)
-0.42

Latest News

Latest News

Insurance Australia Group reaches $99 mln settlement over mis-sold insurance

Insurance Australia Group <IAG.AX> on Tuesday said it had agreed to a class action settlement involving a gross payment of A$138 million ($99 million) over add-on insurance products sold through motor vehicle and motorcycle dealers.

IAG shareholders propose insurance ban on projects harmful to cultural sites

Shareholders of Insurance Australia Group (IAG) have put forward a resolution to guarantee it does not invest in, insure or advocate for projects that would damage natural or cultural sites within a world heritage area, the insurer said.

Australia insurer Suncorp prepares for higher natural hazard costs

Insurer Suncorp Group Ltd <SUN.AX> on Wednesday forecast higher natural hazard costs for the year through June 2021 than a year earlier when bushfires ravaged Australia, and said the COVID-19 pandemic was likely neutral for earnings in the just-ended year.

BRIEF-Insurance Australia Says Presently Limited Scope To Pay Final Dividend In Sept

* THERE IS PRESENTLY LIMITED SCOPE TO PAY A FINAL DIVIDEND IN SEPTEMBER 2020

UPDATE 1-Australia's IAG flags 'limited' scope to pay final dividend as virus impact uncertain

Insurance Australia Group maintained its 2020 guidance on Monday but flagged "limited" scope to pay a final dividend in September amid uncertainty over the impact of the novel coronavirus.

Australia's IAG retains FY20 guidance, flags 'limited' scope to pay final dividend

Insurance Australia Group said on Monday it was retaining its existing full-year 2020 guidance of "low single digit" gross written premium growth and a reported insurance margin of 12.5% to 14.5%.

BRIEF-Insurance Australia Says Managing Director & Chief Executive Officer Peter Harmer Advised Board Of Intention To Retire By End Of 2020

* INSURANCE AUSTRALIA GROUP LTD - MANAGING DIRECTOR & CHIEF EXECUTIVE OFFICER PETER HARMER HAS ADVISED BOARD OF HIS INTENTION TO RETIRE BY END OF 2020

BRIEF-Insurance Australia Group Says FY20 Guidance Unchanged

* IAG WILL BOOK A NET PROFIT ON SALE OF ABOUT $310 MILLION IN SECOND HALF OF FY20

BRIEF-Insurance Australia Group H1 Profit Down 43%

* H1 REVENUE FROM ORDINARY ACTIVITIES UP 5.0 % TO $9,012 MILLION

UPDATE 1-IAG first-half profit falls 43%, cuts FY insurance margin outlook

Insurance Australia Group posted a drop of more than 43% in first-half profit on Wednesday and cut its full-year insurance margin for the second time in three weeks, hurt by rising claims from bushfires and hailstorms across the country.

Insurance Australia Group posts 43% fall in first-half profit

Insurance Australia Group posted a drop of more than 43% in first-half profit on Wednesday, hurt by rising claims from bushfires and hailstorms across the country.

Australia's IAG cuts insurance margin forecast on hailstorm claims, shares slump

Insurance Australia Group <IAG.AX> cut its fiscal 2020 insurance margin guidance on Friday after a surge in claims from recent hailstorms in the country's east coast, sending its shares sliding to their biggest one-day decline in more than 17 months.

Insurance Australia Group expects hailstorm claims to hurt margin

Insurance Australia Group on Friday cut its full-year outlook for insurance margin, mainly due to claims from hailstorms in Melbourne, Canberra and Sydney in January.

Australia's IAG sees natural hazard claim costs at $280 million for first half

Insurance Australia Group Ltd <IAG.AX> on Friday pegged net claim costs from natural disasters at A$400 million ($279.36 million) for the first half of fiscal 2020 in the wake of a deadly season of bushfires in the country.

Australia's IAG sees H1 2020 natural hazards claim costs at $280 mln

Insurance Australia Group Ltd said on Friday it expects net claims costs from natural disasters for the first half of fiscal 2020 at A$400 million ($279.36 million), following the bushfires in the country.

UPDATE 1-Insurance Australia sells SBI General stake for $432 mln

Insurance Australia Group on Thursday said it will sell its 26% stake in India's SBI General Insurance for about A$640 million ($432.38 million) to private equity firms as it trims overseas holdings to focus on its domestic market.

Insurance Australia Group to sell SBI General interest for $432 mln

Insurance Australia Group on Thursday said it had agreed sell its 26% interest in its joint venture with State Bank of India, SBI General Insurance , for about A$640 million ($432.38 million).

UPDATE 1-Insurance Australia Group in talks over SBIG stake sale

Insurance Australia Group on Tuesday said it has held talks with external parties on the potential sale of all or part of its 26% stake in India's SBI General Insurance Company.

Insurance Australia Group in talks over SBIG stake sale

Insurance Australia Group on Tuesday said it has held talks with external parties on the potential sale of all or part of its 26% stake in India's SBI General Insurance Company.

UPDATE 1-Insurance Australia Group H1 profit drops on Sydney storm costs

Insurance Australia Group on Wednesday said first-half profit dropped 9.3 percent, hurt by costly damage from a hailstorm that battered Sydney and the Central Coast in December.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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