Insurance Australia Group Overview

  • Year Founded
  • 1925

Year Founded

  • Status
  • Public

  • Employees
  • 12,359

Employees

  • Stock Symbol
  • IAG

Stock Symbol

  • Investments
  • 33

  • Share Price
  • $4.26
  • (As of Tuesday Closing)

Insurance Australia Group General Information

Description

Insurance Australia Group is the biggest domestic general insurer by gross written premium operating in Australia and New Zealand. The key general insurance markets in which the company operates are home and contents, motor vehicle and compulsory third-party, and short-tail commercial. Insurance Australia Group sells insurance under several brands, including NRMA, CGU, SGIO, SGIC, WFI, and Swann in Australia, and NZI, State, AMI, and Lumley in New Zealand.

Contact Information

Website
www.iag.com.au
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Multi-line Insurance
Stock Exchange
ASX
Corporate Office
  • Level 13, Tower Two
  • Darling Park, 201 Sussex Street
  • Sydney, New South Wales 2000
  • Australia
+61 (02) 0000 0000

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Insurance Australia Group Stock Performance

(As of Tuesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$4.26 $4.27 $3.32 - $4.38 $10.1B 2.37B 5.31M $0.21

Insurance Australia Group Financials Summary

In Thousands,
USD
TTM 31-Dec-2023 FY 2023 30-Jun-2023 FY 2022 30-Jun-2022 FY 2021 30-Jun-2021
EV 10,973,128 10,905,125 9,137,087 11,476,979
Revenue 11,396,278 10,894,936 10,224,283 10,559,747
EBITDA 842,227 857,154 447,118 (134,942)
Net Income 511,708 559,335 251,458 (318,343)
Total Assets 17,002,548 23,184,818 23,446,013 25,131,484
Total Debt 2,052,760 1,744,852 1,752,793 1,932,440
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Insurance Australia Group Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Insurance Australia Group Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Insurance Australia Group is the biggest domestic general insurer by gross written premium operating in Australia and Ne
Multi-line Insurance
Sydney, Australia
12,359 As of 2013
00000
000000000 00000

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0000 000 000000 0000
Brisbane, Australia
00000 As of 0000
00.00
000000000 00.00

00000

ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor
00000-0000 000000000
London, United Kingdom
00000 As of 0000
000000&0
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Insurance Australia Group Competitors (20)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Suncorp Group Corporation Brisbane, Australia 00000 00.00 000000000 00.00
Aviva (Multi-line Insurance) Corporation London, United Kingdom 00000 000000&0
QBE Insurance Group Corporation Sydney, Australia 00000 00.000 000000000 00.000
CNA Financial Corporate Backed or Acquired Chicago, IL 0000 00.000 000000000 00 00.000
Hollard Insurance Group Pending Transaction (M&A) Johannesburg, South Africa 00000000000
You’re viewing 5 of 20 competitors. Get the full list »

Insurance Australia Group Executive Team (32)

Name Title Board Seat Contact Info
Nick Hawkins Chief Executive Officer, Managing Director & Executive Director
Amanda Whiting Chief Executive Officer, IAG New Zealand
Julie Batch Chief Executive Officer of NRMA Insurance Division
William McDonnell Chief Financial Officer
Neil Morgan Chief Operating Officer
You’re viewing 5 of 32 executive team members. Get the full list »

Insurance Australia Group Board Members (10)

Name Representing Role Since
00000 000000000 Insurance Australia Group Board Member 000 0000
000000 00000000 Self Board Member 000 0000
00000 000000 Self Board Member 000 0000
00000000 000000000 Insurance Australia Group Board Member 000 0000
00000 00000 Insurance Australia Group Chairman & Board Member 000 0000
You’re viewing 5 of 10 board members. Get the full list »

Insurance Australia Group Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Insurance Australia Group Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Insurance Australia Group Investments & Acquisitions (33)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Immuta 08-Jun-2022 00000 0000 00000 Business/Productivity Software
Carbar 15-Feb-2022 000000000 000.00 Automotive 00000 000
Attune Work Solutions 12-Jul-2021 00000 0000 Business/Productivity Software 000000 00
Immuta 26-Mar-2021 00000 0000 0000 Business/Productivity Software
Sendle 18-Aug-2020 Later Stage VC 000.00 Logistics
You’re viewing 5 of 33 investments and acquisitions. Get the full list »

Insurance Australia Group Subsidiaries (5)

Company Name Industry Location Founded
Firemark Ventures Corporate Venture Capital Sydney., Australia 2016
Carbar Automotive Melbourne, Australia 0000
AMI Insurance Multi-line Insurance Auckland, New Zealand 0000
CGU Insurance (Multi-line Insurance) Multi-line Insurance Melbourne, Australia 0000
Lumley General Insurance Multi-line Insurance Auckland, New Zealand
To view Insurance Australia Group’s complete subsidiaries history, request access »

Insurance Australia Group ESG

Risk Overview

Risk Rating

Updated March, 02, 2024

23.08 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.0

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,421

Rank

00.00

Percentile

Insurance

Industry

00 of 305

Rank

00.00

Percentile

Property and Casualty Insurance

Subindustry

00 of 89

Rank

00.00

Percentile

To view Insurance Australia Group’s complete esg history, request access »

Insurance Australia Group Exits (14)

Company Name Exit Date Exit Type Exit Size Status Buyers
Hyper Anna 21-Aug-2017 00000 00000 00 0000 Completed
  • 6 buyers
Asuransi Parolamas 22-May-2015 000000000000000000 Completed
  • 000000000 00000000
SBI General Insurance Company 26-Mar-2015 000000000 00000000 Completed
  • 000000000 00000000
AAA Assurance 26-Jul-2013 000000000000000000 Completed
  • 000000000 00000000
AAA Assurance 17-Apr-2012 Corporate 0000.00 Completed
You’re viewing 5 of 14 exits. Get the full list »

Insurance Australia Group FAQs

  • When was Insurance Australia Group founded?

    Insurance Australia Group was founded in 1925.

  • Who is the CEO of Insurance Australia Group?

    Nick Hawkins, Amanda Whiting, and Julie Batch are the CEOs of Insurance Australia Group.

  • Where is Insurance Australia Group headquartered?

    Insurance Australia Group is headquartered in Sydney, Australia.

  • What is the size of Insurance Australia Group?

    Insurance Australia Group has 12,359 total employees.

  • What industry is Insurance Australia Group in?

    Insurance Australia Group’s primary industry is Multi-line Insurance.

  • Is Insurance Australia Group a private or public company?

    Insurance Australia Group is a Public company.

  • What is Insurance Australia Group’s stock symbol?

    The ticker symbol for Insurance Australia Group is IAG.

  • What is the current stock price of Insurance Australia Group?

    As of 21-May-2024 the stock price of Insurance Australia Group is $4.26.

  • What is the current market cap of Insurance Australia Group?

    The current market capitalization of Insurance Australia Group is $10.1B.

  • What is Insurance Australia Group’s current revenue?

    The trailing twelve month revenue for Insurance Australia Group is $11.4B.

  • Who are Insurance Australia Group’s competitors?

    Suncorp Group, Aviva (Multi-line Insurance), QBE Insurance Group, CNA Financial, and Hollard Insurance Group are some of the 20 competitors of Insurance Australia Group.

  • What is Insurance Australia Group’s annual earnings per share (EPS)?

    Insurance Australia Group’s EPS for 12 months was $0.21.

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