IAG.AX
Latest Trade
6.67AUDChange
--(--)Today's Range
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--52 Week Range
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8.74As of on the Australian Stock Exchange Ltd ∙ Minimum 15 minute delay
Previous Close | 6.67 |
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Open | -- |
Volume | -- |
3M AVG Volume | 105.70 |
Today's High | -- |
Today's Low | -- |
52 Week High | 8.74 |
52 Week Low | 6.58 |
Shares Out (MIL) | 2,311.00 |
Market Cap (MIL) | 15,692.01 |
Forward P/E | -- |
Dividend (Yield %) | 4.42 |
Insurance Australia Group H1 Profit Down 43%
Insurance Australia Group Updates H120, FY20 Guidance And Hailstrom Impact
Insurance Australia Finalises Catastrophe Reinsurance For 2020 & Updates On perils
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.
Executive Leadership
Elizabeth Blomfield Bryan
Independent Non-Executive Chairman of the Board
Peter PG Harmer
Chief Executive Officer, Managing Director, Executive Director
Nicholas B. Hawkins
Chief Financial Officer
Mark Milliner
Chief Executive Officer - Australia
Craig Olsen
Chief Executive - New Zealand
Price To Earnings (TTM) | 18.88 |
|---|---|
Price To Sales (TTM) | 0.89 |
Price To Book (MRQ) | 2.54 |
Price To Cash Flow (TTM) | 14.33 |
Total Debt To Equity (MRQ) | 34.94 |
LT Debt To Equity (MRQ) | 34.94 |
Return on Investment (TTM) | -- |
Return on Equity (TTM) | 3.18 |
* H1 REVENUE FROM ORDINARY ACTIVITIES UP 5.0 % TO $9,012 MILLION
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 posted a drop of more than 43% in first-half profit on Wednesday, hurt by rising claims from bushfires and hailstorms across the country.
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 on Friday cut its full-year outlook for insurance margin, mainly due to claims from hailstorms in Melbourne, Canberra and Sydney in January.
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.
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.
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 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).
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 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 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.
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.
Australian insurer Suncorp Group Ltd said on Friday a Sydney hailstorm on Thursday could cost the company a maximum A$250 million ($177.83 million), but it was too early to estimate the number of claims it could receive.
Insurance Australia Group Ltd (IAG) shares fell the most in a year on Wednesday after the insurer flagged a subdued earnings outlook and reported a modest rise in full-year profit, driven by lower investment income.
Insurance Australia Group reported a 1 percent rise in full-year attributable profit on Wednesday, helped by improved insurance margin.
Insurance Australia Group (IAG) <IAG.AX> said on Tuesday it will sell its Thai and Indonesian operations to Japanese insurer Tokio Marine Holdings <8766.T> for A$525 million ($390 million).
Insurance Australia Group said on Tuesday it would sell its Thai and Indonesian operations to Japanese insurer Tokio Marine Holdings for A$525 million (43.08 billion yen)($389.71 million).
Insurance Australia Group <IAG.AX> is set to sell its four Southeast Asian businesses in deals that could be valued at about $500 million, under a review of its Asian operations, three people with knowledge of the matter said.
* SUCCESSFULLY PRICED $350 MILLION OF SECURITIES UNDER WHOLESALE A$ SUBORDINATED DEBT OFFERING ANNOUNCED ON 22 MAR
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.