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Insurance Australia Group Limited
(OTC: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 | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 17.55B | 14.76B | 15.99B | 409.00M | 7.57B | 7.88B |
| Gross Profit | 15.06B | 15.06B | 15.99B | 8.93B | 7.57B | 7.88B |
| EBITDA | 2.40B | 2.63B | 1.88B | 1.69B | 779.00M | -67.00M |
| Net Income | 1.36B | 1.36B | 898.00M | 832.00M | 347.00M | -427.00M |
Balance Sheet | ||||||
| Total Assets | 26.31B | 26.31B | 25.62B | 35.03B | 34.16B | 33.46B |
| Cash, Cash Equivalents and Short-Term Investments | 703.00M | 703.00M | 631.00M | 1.35B | 938.00M | 2.00B |
| Total Debt | 2.96B | 2.96B | 2.94B | 2.64B | 2.58B | 2.57B |
| Total Liabilities | 18.52B | 18.52B | 18.50B | 27.98B | 27.66B | 26.90B |
| Stockholders Equity | 7.33B | 7.33B | 6.66B | 6.65B | 6.16B | 6.25B |
Cash Flow | ||||||
| Free Cash Flow | 324.00M | 1.35B | 1.16B | 452.00M | -526.00M | -799.00M |
| Operating Cash Flow | 1.35B | 1.35B | 1.80B | 452.00M | 900.00M | 1.61B |
| Investing Cash Flow | 38.00M | 38.00M | -628.00M | 394.00M | -1.46B | -2.42B |
| Financing Cash Flow | -982.00M | -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 |
|---|---|---|---|---|---|---|---|
74 Outperform | €1.45B | 5.52 | 25.94% | 5.53% | -7.39% | 30.01% | |
73 Outperform | $13.33B | 26.62 | 21.28% | 3.84% | 6.37% | 1.73% | |
72 Outperform | €3.27B | 16.35 | 18.51% | 4.20% | 5.90% | 7.22% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
66 Neutral | $28.95B | 9.58 | 18.97% | 4.85% | 5.93% | 14.80% | |
65 Neutral | $18.43B | 12.14 | 12.51% | 27.49% | -0.54% | 26.37% | |
63 Neutral | AU$18.33B | 13.48 | 19.09% | 3.97% | 8.47% | 54.09% |
Insurance Australia Group Limited Corporate Events
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.
Insurance Australia Group Limited (IAG) has been significantly impacted by recent natural peril events in Australia, receiving over 10,000 claims related to motor and property hail damage. The company has activated its Major Event Command Centre and deployed teams to assist affected customers, including providing temporary accommodation for vulnerable individuals. IAG’s robust reinsurance protections are mitigating the financial impact of these events, with specific measures in place for its recent acquisition, RACQI. The company maintains its FY26 guidance as previously outlined.
Insurance Australia Group Limited announced a change in the director’s interest notice concerning Wendy Thorpe. The notice reveals that there has been no change in the number of ordinary shares held directly or indirectly by Thorpe, maintaining a total of 24,954 shares. Additionally, Thorpe acquired 5,902 Non-Executive Directors Award rights under the IAG Share and Performance Award Rights Plan, indicating a potential increase in her future stake in the company. This announcement is significant for stakeholders as it reflects the company’s ongoing commitment to aligning director interests with company performance.
Insurance Australia Group Limited announced a change in the director’s interest notice, specifically concerning Nicholas Hawkins. The update revealed no change in the number of fully paid ordinary shares held by Hawkins, maintaining his holding at 857,832 shares. However, there was a significant increase in his Deferred Awards Rights (DARs) and Executive Performance Rights (EPRs), with an acquisition of 135,410 DARs and 334,440 EPRs, bringing his total to 170,090 DARs and 1,903,780 EPRs. This change reflects the company’s ongoing commitment to aligning executive interests with shareholder value, potentially impacting stakeholder perceptions positively.
Insurance Australia Group Limited announced the issuance of unquoted equity securities under an employee incentive scheme. This move involves the allocation of performance rights and award rights, which are subject to transfer restrictions, and reflects the company’s strategy to incentivize and retain employees, potentially impacting its operational efficiency and market competitiveness.
At the 2025 Annual General Meeting, IAG successfully passed all proposed resolutions, including the re-election of board members and the adoption of the remuneration report. These outcomes reflect strong shareholder support and are expected to positively influence IAG’s governance and operational strategies, thereby reinforcing its market position and stakeholder confidence.
At its 2025 Annual General Meeting, IAG announced an upgrade to its FY26 guidance, highlighting its commitment to improving customer service and community support. The company has focused on enhancing claims processes and disaster management, achieving a 98% settlement rate for retail customers in Australia. IAG’s efforts in building resilience are underscored by the launch of the NRMA Insurance Help Fund, aimed at supporting climate resilience initiatives. These strategic moves reflect IAG’s dedication to growth and maintaining strong customer relationships, positioning it well within the industry.
Insurance Australia Group Limited (IAG) has upgraded its FY26 financial guidance following the acquisition of the Royal Automobile Club of Queensland’s (RACQ) insurance business. The company now anticipates a 10% growth in gross written premium and an increase in reported insurance profit to between $1,550 million and $1,750 million. This acquisition, which is performing slightly ahead of expectations, aligns with IAG’s strategic growth ambitions and strengthens its market position in Queensland, supporting its targets of a 15% reported insurance margin and return on equity.
Insurance Australia Group Limited has announced the issuance and conversion of unquoted equity securities, totaling over 3.4 million ordinary fully paid shares. This move is part of the company’s ongoing financial strategies and could potentially impact its market positioning by enhancing its equity base, which may influence stakeholder perceptions and investment decisions.
Insurance Australia Group Limited announced the cessation of certain securities, specifically the lapse of 684,171 performance rights and 37,670 award rights. This cessation occurred because the conditions for these securities were not met or became incapable of being satisfied, impacting the company’s issued capital.
Insurance Australia Group Limited announced a change in the director’s interest in securities, specifically for Wendy Thorpe. The change involved the acquisition of 534 Fully Paid Ordinary Shares through the IAG Dividend Reinvestment Plan, increasing her total holdings to 24,954 shares. This update reflects the company’s ongoing commitment to aligning director interests with shareholder value through its dividend reinvestment initiatives.
Insurance Australia Group Limited announced a change in the director’s interest, with Thomas William Pockett acquiring 2,488 fully paid ordinary shares through the company’s Dividend Reinvestment Plan. This change increases his total holdings to 116,059 shares, reflecting a strategic move to enhance stakeholder alignment and confidence in the company’s financial strategies.
Insurance Australia Group Limited (IAG) has announced the issuance of A$350 million in Tier 2 subordinated unsecured notes, which may convert into ordinary shares under certain conditions. This move is part of IAG’s strategy to strengthen its capital base, with the notes being treated as Tier 2 Capital. The issuance will not materially impact IAG’s financial position, but conversion could reduce liabilities and increase shareholders’ equity, potentially affecting the company’s financial structure and shareholder value.
IAG announced the successful pricing of A$350 million in subordinated notes, which are expected to qualify as Tier 2 Capital under the Australian Prudential Regulation Authority’s framework. This move is part of IAG’s strategy to strengthen its capital base, offering investors quarterly interest at a floating rate. The issuance reflects IAG’s commitment to maintaining robust financial health and could enhance its competitive positioning in the insurance market.
Insurance Australia Group Limited has released its 2025 Notice of Annual General Meeting, detailing the meeting’s schedule and related documents. This announcement is part of IAG’s compliance with ASX Listing Rules and provides stakeholders with essential information for participation in the AGM, reflecting the company’s commitment to transparency and stakeholder engagement.
Insurance Australia Group Limited (IAG) has announced a new offering of A$ Tier 2 subordinated notes to wholesale investors, aiming to raise subordinated debt qualifying as Tier 2 Capital under the Australian Prudential Regulation Authority’s framework. This move is part of IAG’s strategic financial management, potentially impacting its capital structure and market positioning. The notes will have a floating interest rate and a maturity date in 2038, with options for early redemption or conversion under specific conditions, subject to regulatory approval.
Insurance Australia Group Limited has announced a new distribution for its security IAGPF, with a distribution amount of AUD 1.443 per security. The payment is scheduled for December 15, 2025, following an ex-date of December 2, 2025, and a record date of December 3, 2025. This announcement reflects IAG’s ongoing commitment to providing returns to its stakeholders, with a distribution rate of 5.788% per annum, adjusted for franking. This move is likely to reinforce IAG’s market position and provide financial benefits to its investors.
Insurance Australia Group Limited has announced a new dividend distribution for its security IAGPE, with a payment amount of AUD 1.5069 per security. The distribution, which is set to be paid on December 15, 2025, reflects a distribution rate of 6.0441% per annum after accounting for franking adjustments. This announcement is significant for stakeholders as it indicates the company’s ongoing commitment to providing returns to its investors, potentially impacting its market positioning and investor relations positively.
Insurance Australia Group Limited (IAG) announced the immediate retirement of David Armstrong from its Board of Directors due to medical reasons. Armstrong, who joined the board in September 2021, served as Chair of the Board Audit Committee and was a member of the Risk Committee. IAG Chair Tom Pockett praised Armstrong’s significant contributions, particularly his expertise in listed company operations and understanding of industry regulatory and risk challenges. This change may impact IAG’s board dynamics and strategic oversight, given Armstrong’s role in key committees.
Insurance Australia Group Limited has announced an update regarding its dividend distribution, specifically including the Dividend Reinvestment Plan (DRP) Volume Weighted Average Price (VWAP) for the pricing period. This update, which follows a previous announcement made on August 13, 2025, pertains to the dividend distribution for the six-month period ending June 30, 2025, and is relevant to stakeholders interested in the company’s financial operations and shareholder returns.