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Insurance Australia Group Limited
(Sydney:IAG)
Insurance Australia Group Limited (IAG) vs. iShares MSCI Australia ETF (EWA)
Insurance Australia Group Limited Business Overview & Revenue Model
Insurance Australia Group Limited Financial Statement Overview
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 18.53B | 14.76B | 15.99B | 409.00M | 7.57B | 7.88B |
| Gross Profit | 16.03B | 15.06B | 15.99B | 8.93B | 7.57B | 7.88B |
| EBITDA | 1.94B | 2.63B | 1.88B | 1.69B | 779.00M | -67.00M |
| Net Income | 1.09B | 1.36B | 898.00M | 832.00M | 347.00M | -427.00M |
Balance Sheet | ||||||
| Total Assets | 27.65B | 26.31B | 25.62B | 35.03B | 34.16B | 33.46B |
| Cash, Cash Equivalents and Short-Term Investments | 571.00M | 703.00M | 631.00M | 1.35B | 938.00M | 2.00B |
| Total Debt | 3.64B | 2.96B | 2.94B | 2.64B | 2.58B | 2.57B |
| Total Liabilities | 19.83B | 18.52B | 18.50B | 27.98B | 27.66B | 26.90B |
| Stockholders Equity | 7.30B | 7.33B | 6.66B | 6.65B | 6.16B | 6.25B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 1.35B | 1.16B | 452.00M | -526.00M | -799.00M |
| Operating Cash Flow | 1.06B | 1.35B | 1.80B | 452.00M | 900.00M | 1.61B |
| Investing Cash Flow | -762.00M | 38.00M | -628.00M | 394.00M | -1.46B | -2.42B |
| Financing Cash Flow | -602.00M | -982.00M | -682.00M | -437.00M | -527.00M | 516.00M |
Insurance Australia Group Limited Technical Analysis
Insurance Australia Group Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | $32.83B | 9.92 | 18.97% | 4.68% | 5.93% | 14.80% | |
78 Outperform | AU$1.66B | 6.70 | 25.94% | 5.51% | -7.39% | 30.01% | |
72 Outperform | AU$3.12B | 15.62 | 18.51% | 4.17% | 5.90% | 7.22% | |
69 Neutral | AU$12.12B | 26.02 | 21.28% | 3.73% | 6.37% | 1.73% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
65 Neutral | AU$15.79B | 16.04 | 12.51% | 26.88% | -0.54% | 26.37% | |
63 Neutral | $15.85B | 14.48 | 19.09% | 3.91% | 8.47% | 54.09% |
Insurance Australia Group Limited Corporate Events
Insurance Australia Group Limited has issued an updated notification to the ASX regarding its previously announced on-market share buy-back of ordinary fully paid shares, originally disclosed on 12 February 2026. The update specifies that UBS Securities Australia Limited has been appointed as the broker responsible for acquiring IAG ordinary shares on the company’s behalf under the buy-back program.
By formally naming UBS as the executing broker, IAG clarifies the operational arrangements for the buy-back, which is part of its capital management strategy and may support its share price and capital efficiency. The notification represents an amendment to the initial disclosure rather than a change in the size or nature of the buy-back, providing greater transparency to investors on how the on-market repurchases will be carried out.
The most recent analyst rating on (AU:IAG) stock is a Hold with a A$7.00 price target. To see the full list of analyst forecasts on Insurance Australia Group Limited stock, see the AU:IAG Stock Forecast page.
Insurance Australia Group has created a new Group Executive, Enterprise Growth and Simplification role on its Group Leadership Team, appointing Amanda Whiting, the former Chief Executive of IAG New Zealand, to the position. Whiting brings extensive experience from leadership roles across Australia and New Zealand, with a track record in driving growth, refining customer strategies and simplifying operations.
Chief Executive Nick Hawkins said the role is designed to harness Whiting’s understanding of market dynamics, customer preferences and differentiated growth strategies while advancing organisational simplification to support customers and the company’s ambitions. The move expands IAG’s leadership capability as it seeks to help more customers manage and recover from adversity and strengthen its position as a leading advocate for risk reduction and a sustainable, insurable future in Australia and New Zealand.
The most recent analyst rating on (AU:IAG) stock is a Hold with a A$8.00 price target. To see the full list of analyst forecasts on Insurance Australia Group Limited stock, see the AU:IAG Stock Forecast page.
Insurance Australia Group Limited has notified the market of the conversion of unquoted securities into 23,920 fully paid ordinary shares, with the issue dated 22 December 2025. The modest increase in ordinary share capital reflects the exercise or conversion of existing unquoted equity instruments, a routine capital management activity that slightly broadens the company’s shareholder base without indicating any major strategic shift.
The most recent analyst rating on (AU:IAG) stock is a Hold with a A$8.45 price target. To see the full list of analyst forecasts on Insurance Australia Group Limited stock, see the AU:IAG Stock Forecast page.
Insurance Australia Group Limited has notified the market of the lapse of 100,470 performance rights and 20,800 award rights, which were conditional equity-based securities that have ceased because their vesting conditions were not met or became incapable of being satisfied. The cessation of these rights, recorded in an Appendix 3H filing, represents an adjustment to IAG’s issued capital and indicates that certain performance or service hurdles tied to executive and employee incentives were not achieved, with implications for the company’s equity-based remuneration structure but no immediate operational impact disclosed.
The most recent analyst rating on (AU:IAG) stock is a Hold with a A$8.45 price target. To see the full list of analyst forecasts on Insurance Australia Group Limited stock, see the AU:IAG Stock Forecast page.
Insurance Australia Group Limited has notified the market of the issue of 1,588,590 performance rights and 2,054,340 award rights under its employee incentive scheme, both dated 9 October 2025. The unquoted securities are designed to reward and retain staff and executives through equity-based incentives, aligning employee interests with shareholder value and signalling the ongoing use of long-term incentive structures in IAG’s capital and remuneration framework.
The most recent analyst rating on (AU:IAG) stock is a Hold with a A$8.45 price target. To see the full list of analyst forecasts on Insurance Australia Group Limited stock, see the AU:IAG Stock Forecast page.
Insurance Australia Group Limited has integrated newly acquired RACQ Insurance into its core reinsurance framework, bringing the Queensland-focused insurer under IAG’s main catastrophe cover, whole-of-account quota share arrangements and multi-year aggregate stop-loss protection. The expanded program now cedes 35% of IAG’s consolidated business, provides catastrophe cover for two events up to $10 billion with a $500 million attachment, and delivers around $1 billion in annual downside protection from natural perils through to FY29, moves which management says will capture targeted synergies, take advantage of improved global reinsurance market conditions and further reduce earnings volatility for the group.
The most recent analyst rating on (AU:IAG) stock is a Buy with a A$9.10 price target. To see the full list of analyst forecasts on Insurance Australia Group Limited stock, see the AU:IAG Stock Forecast page.
The Australian Competition and Consumer Commission (ACCC) has opposed IAG’s proposed strategic alliance with The Royal Automobile Club of Western Australia (RAC) to provide general insurance products and services. Despite this setback, IAG plans to apply for assessment under the new mandatory merger control regime starting in 2026. The alliance aims to enhance the RAC member experience, bolster resilience against industry challenges, and support local community initiatives, leveraging IAG’s national presence, technological investments, and capital management.
The most recent analyst rating on (AU:IAG) stock is a Hold with a A$8.80 price target. To see the full list of analyst forecasts on Insurance Australia Group Limited stock, see the AU:IAG Stock Forecast page.
The Australian Competition and Consumer Commission (ACCC) has opposed IAG’s proposed acquisition of RAC Insurance Pty Limited (RACI), citing concerns over reduced competition in Western Australia’s motor vehicle and home insurance markets. The ACCC’s investigation concluded that the merger would significantly lessen competition, potentially leading to increased premiums and reduced service quality. Despite the presence of other insurers, the ACCC believes they would not sufficiently counterbalance the competitive loss. RACI is deemed capable of continuing as a strong competitor independently, managing industry challenges effectively.
The most recent analyst rating on (AU:IAG) stock is a Hold with a A$8.80 price target. To see the full list of analyst forecasts on Insurance Australia Group Limited stock, see the AU:IAG Stock Forecast page.
Insurance Australia Group Limited (IAG) has announced the appointment of Phillip Gibson as the Chief Executive of IAG New Zealand, effective March 2, 2026. With over 30 years of experience in insurance, advisory, and technology leadership, Gibson is expected to bring significant expertise to IAG, particularly in executing business strategies that enhance customer and broker satisfaction. He succeeds Amanda Whiting, who has successfully led IAG New Zealand through various challenges and will transition to a group role in Australia.
The most recent analyst rating on (AU:IAG) stock is a Hold with a A$8.80 price target. To see the full list of analyst forecasts on Insurance Australia Group Limited stock, see the AU:IAG Stock Forecast page.