Equities
FinancialsNon-life Insurance
  • Price (AUD)6.35
  • Today's Change-0.08 / -1.24%
  • Shares traded6.32m
  • 1 Year change+28.02%
  • Beta0.2574
Data delayed at least 20 minutes, as of Apr 19 2024 07:10 BST.
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About the company

Insurance Australia Group Limited is a general insurance company in Australia and New Zealand. The Company is engaged in underwriting of general insurance risks and investment management. Its segments include Direct Insurance Australia, Intermediated Insurance Australia and New Zealand. Direct Insurance Australia provides personal lines, and some commercial lines, general insurance products sold directly to customers primarily under the NRMA Insurance brand, 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. Intermediated Insurance Australia segment provides commercial lines, and some personal lines, general insurance products sold to customers through intermediaries primarily under the CGU Insurance and WFI brands, as well as the Coles Insurance brand via a distribution agreement with Coles. New Zealand segment includes NZI and Lumley Insurance brands.

  • 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 completed6.90%--
Data delayed at least 20 minutes, as of Apr 19 2024 07:10 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 Ltd6.39bn877.24m3.60bn2.68k4.100.83393.980.56373.003.0021.8514.770.6561----11,990,450.008.501.35--------12.952.62--1.510.2636--28.9925.31466.58---2.38--
Insurance Australia Group Ltd12.45bn771.00m15.44bn13.65k20.902.3314.061.240.30760.30764.412.760.4193------3.041.66--------7.265.58--8.960.2999107.5210.932.11139.77-2.56---15.51
ICICI Lombard General Insurance Co Ltd3.68bn357.67m15.71bn12.87k44.086.51--4.2738.7938.79399.28262.850.3335------3.243.22--------9.729.59----0.002726.8910.1014.1110.9612.8310.2612.89
Suncorp Group Ltd16.66bn1.17bn20.57bn13.30k17.831.5014.621.230.90710.907112.3510.790.1522------1.080.9208--------7.125.85--4.420.850978.7613.515.2868.583.73---4.41
QBE Insurance Group Ltd32.33bn2.11bn26.17bn13.48k12.931.6912.240.80931.351.3521.5610.350.5117----2,398,758.003.360.8203--------6.562.03--8.410.236737.4410.218.28130.8319.0310.93-19.59
SOMPO Holdings Inc46.97bn3.79bn30.60bn48.96k8.091.186.500.6515379.35379.354,690.832,593.380.3177----95,076,480.002.581.15--------8.143.69--36.490.210444.528.903.73-59.46-8.20-0.029818.77
MS&AD Insurance Group Holdings Inc61.76bn3.58bn43.32bn38.37k12.021.109.090.7015222.48222.483,838.862,436.290.2414----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 Ltd98.43bn5.29bn45.29bn164.65k8.560.90987.440.46021.201.2022.2511.250.665----3,006,202.003.573.76--------5.375.73----0.039740.547.294.92-15.709.69-8.1312.50
People's Insurance Cmpy Grp of China Ltd111.95bn4.90bn45.85bn175.88k10.530.9872--0.40950.51380.513811.505.480.3499----2,958,489.002.122.46--------6.055.59--11.270.108329.866.620.855-10.2311.11-6.9327.83
Data as of Apr 19 2024. Currency figures normalised to Insurance Australia Group Ltd's reporting currency: Australian Dollar AUD

Institutional shareholders

20.65%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 05 Apr 202485.90m3.58%
BlackRock Fund Advisorsas of 04 Apr 202447.11m1.96%
Norges Bank Investment Managementas of 31 Dec 202345.26m1.89%
Vanguard Investments Australia Ltd.as of 29 Feb 202444.79m1.87%
Geode Capital Management LLCas of 11 Apr 202429.60m1.23%
Commonwealth Superannuation Corp. (Investment Management)as of 10 Jul 202316.76m0.70%
BetaShares Capital Ltd.as of 28 Mar 202416.17m0.67%
DFA Australia Ltd.as of 29 Feb 202412.55m0.52%
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Data from 31 Dec 2023 - 11 Apr 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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