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Insurance Australia Group Ltd

IAG.AX

Latest Trade

6.59AUD

Change

-0.08(-1.20%)

Volume

6,894,871

Today's Range

6.50

 - 

6.63

52 Week Range

6.50

 - 

8.74

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

Pricing

Previous Close
6.67
Open
6.54
Volume
6,894,871
3M AVG Volume
105.70
Today's High
6.63
Today's Low
6.50
52 Week High
8.74
52 Week Low
6.50
Shares Out (MIL)
2,311.00
Market Cap (MIL)
15,692.01
Forward P/E
--
Dividend (Yield %)
4.42

Next Event

Dividend For IAGFB.NZ - 0.0129 NZD

Latest Developments

More

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

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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.

Contact Info

Darling Park

Twr Two, L 13 201 Sussex Street

+61.2.92929222

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

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

Key Stats

2.82 mean rating - 11 analysts
Sell
Hold
Buy
Revenue (MM, AUD)

2017

8.5K

2018

7.7K

2019

7.2K

2020(E)

7.4K
EPS (AUD)

2017

0.411

2018

0.438

2019

0.370

2020(E)

0.305
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

Latest News

Latest News

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.

UPDATE 2-Australia's IAG cuts insurance margin forecast on hailstorm claims, shares slump

* Shares post biggest one-day decline since August 2018 (Adds share move, analyst quote)

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.

UPDATE 1-Australia's IAG sees natural hazard claim costs at $280 mln for H1

Insurance Australia Group Ltd 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).

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.

Insurance Australia Group reports 9 pct drop in H1 profit

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.

MEDIA-Insurance Australia Group weighs SBI General Insurance stake sale - Mint

- Note: Reuters has not verified this story and does not vouch for its accuracy

UPDATE 1-Australia's Suncorp flags $178 mln upper-limit cost from Sydney hailstorm

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.

CORRECTED-UPDATE 2-Australia's IAG shares plunge after modest annual profit, outlook

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's FY profit rises marginally

Insurance Australia Group reported a 1 percent rise in full-year attributable profit on Wednesday, helped by improved insurance margin.

Australia's IAG to sell Thai, Indonesia units to Tokio Marine for $390 million

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 to sell Thai, Indonesia units to Tokio Marine for $389.7 mln

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).

Australia's IAG set to sell SE Asia businesses in regional retreat: sources

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.

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

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