Company Information


About Insurance Australia Group (ASX: IAG)

Insurance Australia Group Limited (IAG) is a major general insurance company operating primarily in Australia and New Zealand. The firm underwrites insurance risks and manages investments. IAG is structured into three key segments: Direct Insurance Australia, Intermediated Insurance Australia, and New Zealand. The Direct Insurance Australia segment offers insurance directly to customers, mainly under the NRMA, SGIO, and SGIC brands, in addition to having partnerships such as the one with RACV in Victoria, and other brands like CGU and ROLLiN’ Insurance. The Intermediated Insurance Australia segment sells insurance through brokers under brands like CGU Insurance and WFI, along with the Coles Insurance brand through a Coles partnership. In New Zealand, IAG operates under the NZI and Lumley Insurance brands.

For the twelve-month trailing period, IAG’s revenue stood at AUD 12.45 billion, while its net income was AUD 771 million. The company, which was incorporated in 1999, employs approximately 13,650 individuals. Over the last year, IAG has seen considerable growth in revenue‚Äîfrom AUD 8.98 billion to AUD 9.96 billion‚Äîand a significant increase of approximately 139.77% in net income, from AUD 347 million to AUD 832 million. The company’s website is



Top Australian Brokers


Insurance Australia Group (ASX: IAG) Live Chart


Insurance Australia Group (ASX: IAG) Forecast

According to the consensus from 10 Wall Street analysts who have provided 12-month price targets for Insurance Australia Group Limited, the average predicted price is set at AU$6.32. The highest anticipated price within the range is AU$6.95, while the lowest is AU$5.45. This average target suggests a modest increase of 1.95% from the company’s most recent trading price of AU$6.20.


Insurance Australia Group (ASX: IAG) Performance


Insurance Australia Group (ASX: IAG) Fundamentals


Insurance Australia Group (ASX: IAG) Competitors


Don’t Buy Just Yet

You will want to see this before you make any decisions.

Before you decide which shares to add to your portfolio you might want to take a look at this special report we recently published.

Our experts picked out The 5 best ASX shares to buy in 2024.

We’re giving away this valuable research for FREE.

Click below to secure your copy