Insurance Australia Group Share Price and Company Fundamentals
Last traded: Today at 6:10 AM
Insurance Australia Group Limited operates as a general insurance company in Australia and New Zealand. It offers personal and commercial insurance products, including bicycle, comprehensive motor, commercial and motor fleet, commercial property and liability, construction and engineering, consumer credit, compulsory third party, directors and officers, extended warranty, farm, crop, livestock, home and contents, income protection, marine, veteran, vintage and classic car, boat, caravan, travel, life, professional indemnity, public and product liability, security, workers' compensation, motor vehicle, business, and rural and horticultural, as well as reinsurance. The company sells its products through branches and agencies, call centers, online facilities, and intermediary channels; and third parties under the NRMA Insurance, SGIO, SGIC, CGU Insurance, WFI, Swann Insurance, NZI, State, AMI, Lumley, AmGeneral, and Kurnia brands. The company was formerly known as NRMA Insurance Group Limited and changed its name to Insurance Australia Group Limited in 2002. Insurance Australia Group Limited was founded in 1920 and is headquartered in Sydney, Australia.
|Primary activities||Provider of general insurance, including full range of personal and commercial insurance products.|
|Industry / Sector||Insurance—Property & Casualty / Financial Services|
|Mailing address||Tower Two Level 13 Darling Park 201 Sussex Street Sydney NSW 2000 Australia|
|Phone / Fax||61 2 9292 9222 / 61 2 9292 8072|
|Share registry||COMPUTERSHARE INVESTOR SERVICES PTY LIMITED|
5Y Avg. yield
Insurance Australia Group paid $0.19 dividend and the ex-dividend date was 16 Feb 2022.The dividend payout ratio is 234.81%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.IAG dividend payout ratio is more than 90% making it difficult for the company to maintain the dividends and increase it year by year.
IAG's forward dividend amount is $0.12 and the forward dividend yield is 2.61%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
As of Aug 2022, following are the company executives and directors listed on Insurance Australia Group.
|Mr. Nicholas B. Hawkins B.Com., BCom, CA, F.C.A., FCA||MD, CEO & Exec. Director||53||2.49M|
|Ms. Michelle McPherson BBUS(ACCT.), CA, GAICD||Group Chief Financial Officer||1.51M|
|Mr. Neil Morgan B.Sc.||Chief Operating Officer||1.24M|
|Ms. Christine Stasi||Group Exec. of People, Performance & Reputation||1.22M|
|Ms. Amanda G. Whiting||CEO of New Zealand & Acting Group Exec. of Intermediated Insurance||929.27k|
|Ms. Julie Batch||Group Exec. of Direct Insurance Australia||1.36M|
|Mr. James Coghill C.F.A.||Exec. Gen. Mang. of Investor Relations|
|Mr. Peter John Horton||Group Gen. Counsel & Company Sec.|
|Ms. Amanda Wallace||Head of Corp. Communications|
|Mr. Brent Smart||Chief Marketing Officer|
Profitability and management effectiveness
Return on assets
Return on equity
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Insurance Australia Group is and its enterprise value is .
The IAG's stocks Beta value is 0.19 making it 81% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
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Insurance Australia Group (ASX:IAG) Frequently Asked Questions
1. What is Insurance Australia Group's Stock Symbol?
Insurance Australia Group trades on ASX under the ticker symbol "IAG".
2. What is Insurance Australia Group's stock price today?
One share of IAG stock can currently be purchased for approximately $4.59.
3. How can I contact Insurance Australia Group?
Insurance Australia Group's mailing address is Tower Two Level 13 Darling Park 201 Sussex Street Sydney NSW 2000 Australia. The company can be reached via phone at 61 2 9292 9222.
4. What is Insurance Australia Group's official website?
The official website of Insurance Australia Group is https://www.iag.com.au.
5. Which share registry manages Insurance Australia Group's stock?
Insurance Australia Group's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.