Company Insurance Australia Group Limited

Equities

IAG

AU000000IAG3

Property & Casualty Insurance

Market Closed - Australian S.E. 02:10:44 2024-04-19 am EDT 5-day change 1st Jan Change
6.35 AUD -1.24% Intraday chart for Insurance Australia Group Limited -1.55% +12.19%

Business Summary

Insurance Australia Group Limited is a general insurance company in Australia and New Zealand. The Company is engaged in underwriting of general insurance risks and investment management. Its segments include Direct Insurance Australia, Intermediated Insurance Australia and New Zealand. Direct Insurance Australia provides personal lines, and some commercial lines, general insurance products sold directly to customers primarily under the NRMA Insurance brand, SGIO and SGIC brands, the RACV brand in Victoria (via a distribution relationship and underwriting joint venture with RACV), as well as the CGU Insurance and ROLLiN’ Insurance brands. Intermediated Insurance Australia segment provides commercial lines, and some personal lines, general insurance products sold to customers through intermediaries primarily under the CGU Insurance and WFI brands, as well as the Coles Insurance brand via a distribution agreement with Coles. New Zealand segment includes NZI and Lumley Insurance brands.

Number of employees: 13,650

Sales per Business

AUD in Million2022Weight2023Weight Delta
Direct Insurance Australia
46.7 %
8,464 46.1 % 9,280 46.7 % +9.64%
Intermediated Insurance Australia
26.8 %
6,034 32.9 % 5,329 26.8 % -11.68%
New Zealand
25.1 %
3,787 20.6 % 4,979 25.1 % +31.48%
Corporate and Other
1.3 %
62 0.3 % 263 1.3 % +324.19%

Sales per region

AUD in Million2022Weight2023Weight Delta
Australia
73.6 %
14,498 79.0 % 14,609 73.6 % +0.77%
New Zealand
25.1 %
3,787 20.6 % 4,979 25.1 % +31.48%
Global
1.3 %
62 0.3 % 263 1.3 % +324.19%

Managers

Managers TitleAgeSince
Chief Executive Officer 57 00-12-31
Director of Finance/CFO - Dec. 10
Chief Operating Officer - 18-02-20
Investor Relations Contact - -
Corporate Secretary - Nov. 27
Human Resources Officer - 19-10-31
Corporate Officer/Principal - -
Corporate Officer/Principal - 14-08-31
Corporate Secretary - 20-06-08
Corporate Officer/Principal - 04-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 74 16-12-22
Director/Board Member - 19-06-11
Director/Board Member - 19-11-11
Chief Executive Officer 57 00-12-31
Chairman 66 14-12-31
Director/Board Member - 21-10-31
Director/Board Member 66 21-08-31
Director/Board Member 62 18-03-12
Director/Board Member 67 15-08-31
Director/Board Member 66 21-08-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 2,402,000,000 2,385,954,349 ( 99.33 %) 0 99.33 %

Shareholders

NameEquities%Valuation
Perpetual Investment Management Ltd.
4.173 %
100,226,772 4.173 % 418 M $
Berkshire Hathaway, Inc. (Investment Management)
4.060 %
97,513,199 4.060 % 407 M $
Investors Mutual Ltd.
1.324 %
31,789,393 1.324 % 133 M $
Commonwealth Superannuation Corp. (Investment Management)
0.6978 %
16,758,464 0.6978 % 70 M $
DFA Australia Ltd.
0.6804 %
16,340,323 0.6804 % 68 M $
BetaShares Capital Ltd.
0.6734 %
16,171,701 0.6734 % 68 M $
Franklin Templeton Australia Ltd.
0.5445 %
13,075,376 0.5445 % 55 M $
Colonial First State Investments Ltd.
0.4391 %
10,545,597 0.4391 % 44 M $
Australian Foundation Investment Co. Ltd. (Invt Mgmt)
0.3332 %
8,002,291 0.3332 % 33 M $
State Street Global Advisors Ltd.
0.3138 %
7,537,156 0.3138 % 31 M $
NameEquities%Valuation
Coolabah Capital Institutional Investments Pty Ltd.
0.0129 %
51,403 0.0129 % 34 917 $
NameEquities%Valuation
Coolabah Capital Institutional Investments Pty Ltd.
-
0 - - $

Holdings

NameEquities%Valuation
557,963 0.15% 44,322,472 $

Company contact information

Insurance Australia Group Ltd.

Tower Two, Darling Park 201 Sussex Street

2000, Sydney

+61 2 9292 9222

http://www.iag.com.au
address Insurance Australia Group Limited(IAG)

Group companies

NameCategory and Sector
Investment Managers
Insurance Brokers/Services
Property/Casualty Insurance
Property/Casualty Insurance
IAG International Pty Ltd.
Multi-Line Insurance
Iag Nz Holdings Ltd.
IAG UK Holdings Ltd. (Australia)
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