Company Profile For Insurance Australia Group Limited

Insurance Australia Group Limited (IAG) is engaged in underwriting of general insurance and related corporate services, and investing activities. The Company operates in six segments. Australia direct insurance, Australia intermediated insurance (CGU), New Zealand insurance, United Kingdom insurance, Asia insurance, and Corporate and other. Australia direct insurance comprises insurance products distributed through a network of branches, franchises and country service centers throughout Australia. Australia intermediated insurance comprises insurance products primarily sold under the CGU and Swann insurance brands through insurance brokers, authorized representatives and distribution partners. New Zealand insurance comprises the general insurance business underwritten through subsidiaries in New Zealand. United Kingdom insurance comprises the general insurance underwriting and broker distribution services operating through subsidiaries in the United Kingdom.

BRIEF: For the fiscal year ended 30 June 2009, Insurance Australia Group Limited's revenues decreased 1% to A$7.23B. Net income totaled to A$181M vs. a loss of A$261M. Revenues reflect a decrease income from New Zealand insurance, United Kingdom insurance and corporate business segment. Net income offset by increase in reinsurance & other recoveries revenue, lower finance expenses and an increase in insurance profit.

Insurance Australia Group Limited
Level 26, 388 George Street
Sydney   NSW   2000
P: +612.92929222
F: +612.92928072

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