Equities
FinancialsNon-life Insurance
  • Price (AUD)6.40
  • Today's Change-0.04 / -0.62%
  • Shares traded5.15m
  • 1 Year change+37.34%
  • Beta0.2631
Data delayed at least 20 minutes, as of Mar 28 2024 05:10 BST.
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About the company

Insurance Australia Group Limited is an Australia-based general insurance company. The Company operates in Australia and New Zealand. Its segments include Direct Insurance Australia, Intermediated Insurance Australia and New Zealand. Its Direct Insurance Australia segment provides personal lines, and some commercial lines, general insurance products sold directly to customers primarily under the NRMA Insurance, SGIO and SGIC brands, the RACV brand in Victoria (via a distribution relationship and underwriting joint venture with RACV), as well as the CGU Insurance and ROLLiN' Insurance brands. Its Intermediated Insurance Australia segment predominantly provides commercial lines, and some personal lines, general insurance products sold to customers through intermediaries, including brokers, authorized representatives and distribution partners, primarily under the CGU Insurance and WFI brands, as well as the Coles Insurance brand via a distribution agreement with Coles.

  • Revenue in AUD (TTM)12.45bn
  • Net income in AUD771.00m
  • Incorporated1999
  • Employees13.65k
  • Location
    Insurance Australia Group LtdDarling ParkTwr Two, L 13 201 Sussex StreetSYDNEY 2000AustraliaAUS
  • Phone+61 29292-9222
  • Fax+61 29292-8072
  • Websitehttps://www.iag.com.au/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
IAG:ASX since
announced
Transaction
value
AssureMe Pty LtdDeal completed27 Jul 202327 Jul 2023Deal completed7.74%--
Data delayed at least 20 minutes, as of Mar 28 2024 05:10 BST.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
ZhongAn Online P & C Insurance Co Ltd6.30bn864.60m3.66bn2.68k4.230.85924.100.58083.013.0121.9014.800.6561----12,015,020.008.501.35--------12.952.62--1.510.2636--28.9925.31466.58---2.38--
ICICI Lombard General Insurance Co Ltd3.61bn337.22m15.05bn12.87k44.636.50--4.1637.2637.26399.32255.910.3371----15,293,970.003.153.23--------9.339.66----0.002821.1211.1516.1736.0414.9410.0125.21
Insurance Australia Group Ltd12.45bn771.00m15.47bn13.65k20.932.3314.091.240.30760.30764.412.760.4193------3.041.66--------7.265.58--8.960.2999107.5210.932.11139.77-2.56---15.51
Suncorp Group Ltd16.66bn1.17bn20.95bn13.30k18.181.5314.891.260.90710.907112.3510.790.1522------1.080.9208--------7.125.85--4.420.850978.7613.515.2868.583.73---4.41
QBE Insurance Group Ltd31.85bn2.07bn27.11bn13.48k13.601.7812.880.85121.331.3321.2310.200.5117----2,362,767.003.360.8203--------6.562.03--8.410.236752.2610.218.28130.8319.0310.93-3.71
SOMPO Holdings Inc47.17bn3.81bn32.49bn48.96k8.551.256.880.68881,138.051,138.0514,072.647,780.220.3177----95,076,480.002.581.15--------8.143.69--36.490.210444.528.903.73-59.46-8.20-0.029818.77
People's Insurance Cmpy Grp of China Ltd110.18bn4.82bn42.75bn175.88k9.970.9343--0.3880.51380.513811.505.480.3499----2,958,489.002.122.46--------6.055.59--11.270.108329.866.620.855-10.2311.11-6.9327.83
MS&AD Insurance Group Holdings Inc62.02bn3.59bn44.31bn38.37k12.251.129.260.7144667.44667.4411,516.687,308.950.2414----158,944,300.001.410.7725--------5.853.69--44.860.154650.940.93490.0063-38.530.95193.749.00
PICC Property and Casualty Co Ltd97.06bn5.21bn45.77bn164.65k8.780.93287.620.47151.201.2022.3111.280.6654----3,013,785.003.573.76--------5.375.73----0.039712.367.304.94-15.709.69-8.1312.50
Data as of Mar 28 2024. Currency figures normalised to Insurance Australia Group Ltd's reporting currency: Australian Dollar AUD

Institutional shareholders

20.61%Per cent of shares held by top holders
HolderShares% Held
Perpetual Investment Management Ltd.as of 15 May 2023100.23m4.17%
Berkshire Hathaway, Inc. (Investment Management)as of 10 Jul 202397.51m4.06%
The Vanguard Group, Inc.as of 07 Mar 202485.77m3.57%
BlackRock Fund Advisorsas of 07 Mar 202446.99m1.96%
Norges Bank Investment Managementas of 31 Dec 202345.19m1.88%
Vanguard Investments Australia Ltd.as of 29 Feb 202444.79m1.87%
Geode Capital Management LLCas of 20 Mar 202428.78m1.20%
Commonwealth Superannuation Corp. (Investment Management)as of 10 Jul 202316.76m0.70%
BetaShares Capital Ltd.as of 29 Feb 202416.35m0.68%
DFA Australia Ltd.as of 29 Feb 202412.55m0.52%
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Data from 31 Dec 2023 - 20 Mar 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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