IAG reaffirms FY guidance
- {{x.value}}
{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter verification code' }}
{{ completedStep1 ? 'Authentication & Security' : content.trialHeading.replace('{0}', user.FirstName) }}
{{ content.upgradeHeading.replace('{0}', user.FirstName) }}
The email address you entered is registered with InvestSMART
Please login to continue
We have sent you an email with the details of your registration.
Looks you are already a member. Please enter your password to proceed
{{ upgradeCTAText }}
Updating information
Please wait ...
Your membership to InvestSMART Group recently failed to renew.
Please make sure your payment details are up to date to continue your membership.
Having trouble renewing?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
You've recently updated your payment details.
It may take a few minutes to update your subscription details, during this time you will not be able to view locked content.
If you are still having trouble viewing content after 10 minutes, try logging out of your account and logging back in.
Still having trouble viewing content?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial
Please click on the ACTIVATE button to finalise your membership
Unsuccessful registration
Registration for this event is available only to Eureka Report members. View our membership page for more information.
Registration for this event is available only to Intelligent Investor members. View our membership page for more information.
- You are already registered for this event.
- This event is already full.
- Please select a quantity for at least one ticket.
- {{ i }}
Forgotten password
Please enter your email address below to request a new password
- Verify your email address by clicking on the link we sent to {{user.Email}}
- You now have free access, we look forward to helping you on your financial journey.
Insurance Australia Group has reaffirmed its full-year guidance of gross written premium (GWP) growth of between 3 and 5 per cent, while Australia Direct GWP growth is expected to be relatively flat.
Despite the forecast, Australia Direct is expected to improve its underlying margin in the full year, as compared to the previous corresponding period.
IAG managing director Mike Wilkins reaffirmed the importance of Australia Direct, noting the group represented 48 per cent of IAG's GWP and 54 per cent of insurance profit for the six months to December 31.
Australia Direct generates over $4.5 billion GWP per annum, IAG said.
Chief executive officer of Australia Direct, Andy Cornish, said the group's strategy was to deliver a superior customer experience, coupled with low operating costs.
"We have market-leading capabilities in customer insights, digital offerings and risk assessment and selection," he said.
"We are also leveraging our scale to realise supply chain improvements, both in terms of customer service and cost."