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Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand. The company's short-tail insurance products include motor vehicle; home and contents; lifestyle and leisure, including boat, veteran and classic car, and caravan; business packages; farm; commercial motor; commercial property; fleet motor; construction and engineering; rural; marine; and niche insurance, such as pleasure craft, boat, and caravan. It also provides long-tail insurance products, including professional indemnity; compulsory third party, including motor injury liability; workers' compensation; directors' and officers' liability; public and products liability; and commercial liability insurance. It sells its products through branches and agencies, call centers, online, insurance brokers, authorized representatives, motor dealerships, and financial institutions under the NRMA Insurance, CGU, ROLLiN, WFI, Swann Insurance, NZI, State, AMI, and Lumley Insurance brand names. The company was formerly known as NRMA 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.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Insurance Australia Group Ltd is a major general insurer in Australia and New Zealand offering personal and commercial property, motor and specialty insurance through brands such as NRMA, CGU and WFI. Long-term growth may be supported by pricing discipline, digital distribution, portfolio diversification and reinsurance, and investors may find its scale and market share attractive for stable underwriting cash flow.
Material risks include heightened frequency and severity of natural catastrophes and climate-related losses, reserve adequacy and reinsurance cost volatility, regulatory and pricing pressure, and sensitivity to investment returns.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 |
| Income before tax | 2213.00M | 1491.00M | 1354.00M | 564.00M | -389.00M |
| Minority interest | -176.00M | -135.00M | -93.00M | -77.00M | -150.00M |
| Net income | 1359.00M | 898.00M | 832.00M | 347.00M | -427.00M |
| Selling general administrative | 13122.00M | 12982.00M | 230.00M | 169.00M | 386.00M |
| Reconciled depreciation | 220.00M | 200.00M | 185.00M | 139.00M | 267.00M |
| Interest expense | 794.00M | 185.00M | 145.00M | 93.00M | 89.00M |
| Tax provision | 678.00M | 458.00M | 429.00M | 140.00M | -125.00M |
| Interest income | - | - | 409.00M | 179.00M | 148.00M |
| Net interest income | -794.00M | -185.00M | -145.00M | -93.00M | -89.00M |
| Total revenue | 14902.00M | 13706.00M | 10212.00M | 8880.00M | 9187.00M |
| Total operating expenses | 12909.00M | 12415.00M | 9043.00M | 8455.00M | 9843.00M |
| Total other income expense net | 16776.00M | 15425.00M | - | - | - |
| Net income from continuing ops | 1535.00M | 1033.00M | 925.00M | 424.00M | -264.00M |
| Breakdown | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 |
| Total assets | 26309.00M | 25617.00M | 35026.00M | 34083.00M | 33449.00M |
| Intangible assets | 1088.00M | 947.00M | 802.00M | 588.00M | - |
| Total liab | 18523.00M | 18500.00M | 27977.00M | 27583.00M | 26893.00M |
| Total stockholder equity | 7329.00M | 6660.00M | 6650.00M | 6163.00M | 6246.00M |
| Capital stock | 6753.00M | 6815.00M | 7243.00M | 7362.00M | 7353.00M |
| Retained earnings | 483.00M | -195.00M | -638.00M | -1202.00M | -1120.00M |
| Good will | 2824.00M | 2811.00M | 2830.00M | 2823.00M | 3220.00M |
| Cash | 703.00M | 631.00M | 474.00M | 350.00M | 326.00M |
| Net debt | 1853.00M | 1868.00M | 1665.00M | 1669.00M | 1661.00M |
| Long term investments | 13460.00M | 12891.00M | 10950.00M | 11256.00M | 10775.00M |
| Net receivables | 586.00M | 822.00M | 4843.00M | 4155.00M | 3920.00M |
| Long term debt | 2556.00M | 2499.00M | 2139.00M | 2019.00M | 1987.00M |
| Accounts payable | 844.00M | 983.00M | 2423.00M | 2250.00M | 1455.00M |
| Capital lease obligations | 401.00M | 438.00M | 497.00M | 529.00M | 585.00M |
| Breakdown | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 | 2021-06-30 |
| Investments | 42.00M | -628.00M | 394.00M | -1459.00M | -2418.00M |
| Net borrowings | 46.00M | - | - | - | - |
| Total cash from financing activities | -982.00M | -682.00M | -437.00M | -526.00M | 516.00M |
| Net income | 1359.00M | 898.00M | 832.00M | 347.00M | -427.00M |
| Change in cash | 408.00M | 490.00M | 409.00M | -1086.00M | -292.00M |
| Begin period cash flow | 1841.00M | 1353.00M | 938.00M | 2029.00M | 2322.00M |
| End period cash flow | 2253.00M | 1841.00M | 1353.00M | 938.00M | 2029.00M |
| Issuance of capital stock | - | - | - | - | 764.00M |
| Dividends paid | -862.00M | 537.00M | 310.00M | 519.00M | 292.00M |
| Sale purchase of stock | -84.00M | -443.00M | -122.00M | - | - |
| Capital expenditures | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Free cash flow | 1352.00M | 1800.00M | 452.00M | 899.00M | 1610.00M |
Sector: Financial Services Industry: Insurance - Property & Casualty
|
Stock Name
|
Change
(AUD) |
Price
(AUD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
|---|---|---|---|---|---|---|
| IAGPE Insurance Australia Group Ltd |
- -% |
105.00 | - | - | - | - |
| QBE QBE Insurance Group Limited |
0.86 3.32% |
26.75 | 12.68 | 16.42 | 2.06 | 2.31 |
| SUN Suncorp Group Ltd |
0.22 1.10% |
20.29 | 21.13 | 16.69 | 1.41 | 2.00 |
| IAG Insurance Australia Group Ltd |
0.06 0.68% |
8.91 | - | 16.58 | 1.08 | 0.61 |
| TWR Tower Ltd |
0.01 0.59% |
1.71 | 11.30 | 9.96 | 0.96 | 2.27 |
Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand. The company's short-tail insurance products include motor vehicle; home and contents; lifestyle and leisure, including boat, veteran and classic car, and caravan; business packages; farm; commercial motor; commercial property; fleet motor; construction and engineering; rural; marine; and niche insurance, such as pleasure craft, boat, and caravan. It also provides long-tail insurance products, including professional indemnity; compulsory third party, including motor injury liability; workers' compensation; directors' and officers' liability; public and products liability; and commercial liability insurance. It sells its products through branches and agencies, call centers, online, insurance brokers, authorized representatives, motor dealerships, and financial institutions under the NRMA Insurance, CGU, ROLLiN, WFI, Swann Insurance, NZI, State, AMI, and Lumley Insurance brand names. The company was formerly known as NRMA 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.
| Name | Title | Year Born |
|---|---|---|
| Mr. Nicholas B. Hawkins B.Com., CA, F.C.A. | MD, CEO & Executive Director | 1968 |
| Mr. Neil Morgan B.Sc. | Chief Operating Officer | NA |
| Ms. Christine Stasi B.A. | Group Executive of People, Performance & Reputation | NA |
| Ms. Julie Batch | CEO of NRMA Insurance | NA |
| Mr. Jarrod Hill | CEO of CGU & WFI | NA |
| Mr. Peter John Taylor B.Com. | Group Chief Risk Officer | NA |
| Ms. Amanda G. Whiting | Chief Executive of New Zealand | NA |
| Mr. William Rufus Benjamin McDonnell | Chief Financial Officer | 1973 |
| Ms. Amanda Wallace | Head of Corporate Communications | NA |
| Mr. Darren O'Connell | Executive General Manager of Underwriting | NA |
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