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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 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 16.83B | 15.99B | 409.00M | 7.57B | 7.88B | 7.22B |
| Gross Profit | 16.94B | 15.99B | 8.93B | 7.57B | 7.88B | 7.84B |
| EBITDA | 2.42B | 1.88B | 1.69B | 779.00M | -67.00M | 776.00M |
| Net Income | 1.27B | 898.00M | 832.00M | 347.00M | -427.00M | 435.00M |
Balance Sheet | ||||||
| Total Assets | 25.17B | 25.62B | 35.03B | 34.16B | 33.46B | 29.62B |
| Cash, Cash Equivalents and Short-Term Investments | 1.70B | 631.00M | 1.35B | 938.00M | 2.00B | 2.30B |
| Total Debt | 2.50B | 2.94B | 2.64B | 2.58B | 2.57B | 2.18B |
| Total Liabilities | 17.71B | 18.50B | 27.98B | 27.66B | 26.90B | 23.27B |
| Stockholders Equity | 7.01B | 6.66B | 6.65B | 6.16B | 6.25B | 6.08B |
Cash Flow | ||||||
| Free Cash Flow | 1.03B | 1.16B | 452.00M | -526.00M | -799.00M | 381.00M |
| Operating Cash Flow | 1.32B | 1.80B | 452.00M | 900.00M | 1.61B | 381.00M |
| Investing Cash Flow | -136.00M | -628.00M | 394.00M | -1.46B | -2.42B | 1.57B |
| Financing Cash Flow | -1.15B | -682.00M | -437.00M | -527.00M | 516.00M | -1.32B |
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 |
|---|---|---|---|---|---|---|---|
81 Outperform | €3.48B | 21.45 | 15.78% | 3.63% | 8.40% | -22.95% | |
77 Outperform | AU$34.25B | 12.99 | 17.21% | 5.55% | 6.01% | 31.57% | |
74 Outperform | AU$22.18B | 15.72 | 9.52% | 7.80% | -11.75% | ― | |
73 Outperform | $13.85B | 28.29 | 20.97% | 3.10% | 5.21% | -21.15% | |
73 Outperform | AU$1.37B | 6.25 | 20.91% | 6.39% | -6.90% | -5.67% | |
69 Neutral | $19.99B | 15.82 | 18.88% | 2.84% | 34.77% | ― | |
67 Neutral | $16.77B | 11.74 | 9.77% | 3.75% | 12.07% | -8.28% |
Insurance Australia Group Limited Corporate Events
Insurance Australia Group Limited announced the issuance of 20,340 unquoted equity securities, specifically ordinary fully paid shares, as of June 13, 2025. This move is part of the company’s ongoing financial operations and may impact its market positioning by potentially increasing its capital base, thereby influencing stakeholder interests.
The most recent analyst rating on (AU:IAG) stock is a Hold with a A$6.85 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 announced the cessation of certain securities, specifically 183,220 performance rights and 44,630 award rights, due to the lapse of conditional rights that were not satisfied. This development may impact the company’s capital structure and could have implications for stakeholders, reflecting on the company’s operational adjustments and strategic positioning in the market.
The most recent analyst rating on (AU:IAG) stock is a Buy with a A$9.65 price target. To see the full list of analyst forecasts on Insurance Australia Group Limited stock, see the AU:IAG Stock Forecast page.
IAG has updated its financial guidance for the fiscal year ending June 2025, highlighting a favorable reduction in natural perils costs, estimated at $1,080 million, which is $200 million below the allowance. This reduction has led to an increase in the company’s reported insurance profit guidance to a range of $1,600 million to $1,800 million and an improved insurance margin guidance towards the top end of the 15.5% to 17.5% range. The Gross Written Premium (GWP) growth is expected to be between 4% and 4.5%, despite challenges such as the Coles exit and adverse currency effects. The Australian direct home and motor segments are experiencing solid growth, while the New Zealand commercial business faces softer market conditions.
The most recent analyst rating on (AU:IAG) stock is a Hold with a A$6.85 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 announced the cessation of 45,000 subordinated floating rate notes, which were redeemed without conversion. This move reflects the company’s ongoing efforts to manage its capital structure effectively, potentially impacting its financial strategy and stakeholder interests.
The most recent analyst rating on (AU:IAG) stock is a Hold with a A$6.60 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 responded to the recent floods in the NSW Mid North Coast and Hunter regions by receiving approximately 2,500 claims related to property damage. The company has deployed its Major Event Response teams to assist affected customers, offering immediate support such as temporary accommodation and emergency financial assistance. IAG is also working on resilience measures during the repair process to mitigate future risks. While the financial impact of the floods is still being assessed, IAG’s comprehensive reinsurance program is expected to provide substantial protection against potential losses.
The most recent analyst rating on (AU:IAG) stock is a Hold with a A$6.60 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 received approval from the Australian Competition and Consumer Commission (ACCC) for its strategic alliance with RACQ Insurance Limited, allowing IAG to acquire RACQ Insurance and provide general insurance products to RACQ members and Queenslanders. This 25-year alliance, subject to further regulatory approvals, is expected to be completed in the third quarter of 2025 and will add approximately $1.3 billion to IAG’s Gross Written Premium. The partnership aims to leverage IAG’s scale and technology while maintaining RACQ’s brand and customer relationships, with anticipated synergies exceeding $50 million annually.
The most recent analyst rating on (AU:IAG) stock is a Hold with a A$6.60 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 decided not to oppose IAG’s proposed acquisition of RACQ Insurance Limited (RACQI), as the acquisition is unlikely to significantly reduce competition in the insurance market. The ACCC’s investigation found that RACQI has been losing market share and faces challenges in maintaining competitiveness due to higher natural hazard risks and limited capital access. The acquisition is not expected to impact the markets for smash repair, windscreen repair and replacement, and building repair services due to IAG’s market position relative to other insurers.
The most recent analyst rating on (AU:IAG) stock is a Hold with a A$6.60 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 announced the redemption of its $450 million Subordinated Medium Term Notes (MTNs) due on 15 June 2045. The redemption will occur on 16 June 2025, as part of the company’s wholesale debt issuance program. This move reflects IAG’s strategic financial management and may impact its capital structure, but it does not indicate future redemptions of other regulatory capital instruments.
The most recent analyst rating on (AU:IAG) stock is a Hold with a A$6.60 price target. To see the full list of analyst forecasts on Insurance Australia Group Limited stock, see the AU:IAG Stock Forecast page.
IAG has announced a strategic alliance with The Royal Automobile Club of Western Australia (RAC), involving the acquisition of RAC Insurance and a 20-year exclusive distribution agreement for RAC-branded insurance products. This partnership is expected to enhance IAG’s market presence in Western Australia, adding approximately $1.5 billion to its Gross Written Premium and generating $100 million in pre-tax annual synergies. The alliance will leverage IAG’s national scale and advanced technology to benefit RAC’s 1.3 million members, while maintaining the trusted RAC brand and supporting local employment and community initiatives.
The most recent analyst rating on (AU:IAG) stock is a Hold with a A$5.45 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 announced the appointment of JoAnne Maree Stephenson as a director, effective May 12, 2025. The initial director’s interest notice indicates that Stephenson currently holds no securities in the company, suggesting a fresh perspective and potential strategic shifts in the company’s governance.
Insurance Australia Group Limited has announced the issuance of 67,590 ordinary fully paid securities, effective from March 31, 2025. This move is part of the company’s ongoing efforts to manage its equity structure, potentially impacting its market positioning and offering implications for stakeholders in terms of equity distribution and company valuation.
Insurance Australia Group Limited announced the cessation of certain securities due to unmet conditions, impacting a total of 215,810 performance and award rights. This development may affect the company’s capital structure and reflects the challenges in meeting performance criteria, potentially influencing stakeholder perceptions and market positioning.