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IAG General Information

Insurance Australia Group Limited
Property & Casualty Insurance

IAG Current Share Price+

Current Price $7.050
Open $7.050
High $7.090
Low $6.960
Last Close $7.050
Volume 3845225
Price Movement - ( No change )
  • +Security prices are delayed by at least 20 minutes and are indicative only.

IAG Research

IAG Recommendation

Current recommendation UNLOCK
12 month range UNLOCK
Maximum portfolio weighting UNLOCK
Business risk UNLOCK
Share price risk UNLOCK

IAG Company Overview

Business Description

Insurance Australia Group Ltd (IAG) is a general insurance group, with operations in Australia, New Zealand, and Asia. The Group provides a range of personal and commercial insurance products, primarily motor vehicle and home insurance. IAG also has interest in general insurance joint ventures in Malaysia, India and China. IAG has two customer facing divisions - Consumer Division and Business division being responsible for sales, service, and brand and marketing execution.

IAG Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 1,220.74 51.88 9.40% 13.59 37.02 5.25% 85.0%
2019 F 1,140.46 47.43 8.60% 14.86 40.50 5.74% 92.0%
2018 A 1,034.00 43.68 4.40% 16.54 34.00 4.71% 100.0%

IAG Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2018 A 2019 F 2020 F 2018 A 2019 F 2020 F 2018 A 2019 F 2020 F
Insurance Aust. Grp. (IAG) $16,293M 0.0905 0.0620 0.0209 17.2077 16.2032 15.8712 4.80% 5.51% 4.87%
QBE (QBE) $13,646M 0.0000 0.0000 0.1329 0.0000 13.9652 12.3275 2.50% 5.12% 5.53%
Suncorp Group (SUN) $17,101M -0.0243 -0.0149 0.2560 16.3521 16.5994 13.2163 5.54% 5.80% 5.96%

IAG Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 1.21 16.70 2.51 4.05
Market 0.90 15.60 1.41 1.57
Sector 1.14 16.70 2.51 1.47

IAG Directors

Name Position Start Date
Mr Peter Harmer Chief Executive Officer, Managing Director 16 Nov 2015
Dr Helen Marion Nugent Non-Executive Director 23 Dec 2016
Mr Jonathan Nicholson Non-Executive Director 1 Sep 2015
Mr Hugh Alasdair Fletcher Non-Executive Director 1 Sep 2007
Mr Thomas (Tom) William Pockett Non-Executive Director 1 Jan 2015
Mr Duncan Macgregor Boyle Non-Executive Director 23 Dec 2016
Ms Michelle Kim Tredenick Non-Executive Director 13 Mar 2018
Ms Sheila McGregor Non-Executive Director 13 Mar 2018
Ms Elizabeth Blomfield Bryan Non-Executive Director, Non-Executive Chairman 5 Dec 2014

IAG Management

Name Position
Tim Clark Acting Chief Risk Officer
Sejil Mistry-Moodley Additional Company Secretary
Julie Batch Chief Customer Officer
Mark Milliner Chief Executive Officer, Australia
Craig Olsen Chief Executive, New Zealand
Nicholas Hawkins Chief Financial Officer
Rebecca Farrell Company Secretary,Acting Group General Counsel
Jacki Johnson Group Executive, People, Performance and Reputation

IAG Substantial Shareholders

Holding Name
118,766,781 (5.02%) The Capital Group Companies, Inc.

IAG Calendar of Events

Date Event
14 August 2019 Report (Annual)
14 August 2019 Report (Prelim)
13 February 2019 Report (Interim)

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