IAG insurance australia group limited

Ann: IAG FY23 Results Presentation, page-2

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    Quick Recap:
    - GWP up 10.6% to $14.7b
    - Insurance profit rises 37% to $803m
    - Reported insurance margin: 9.6%, up from 7.4% in FY22
    - Underlying insurance margin: 12.6%, down from 14.6% in FY22
    - NPAT: $832m, a 140% increase
    - Total claims paid: $10.2b, up 20%
    - Final dividend: 9cps

    - Positive momentum in core business, GWP growth above 10%
    - NPAT boosted by post-tax provision release of $392m
    - DIA's FY23 underlying insurance margin: 15.7%
    - IIA's underlying margin: 7.7%, NZ's: 13.5%
    - Added ~132k customers in DIA

    - Achieved ~$70m savings, 15% vehicles through Repairhub network
    - Rolled out Enterprise Platform, added 100+ digital features
    - FY24 natural perils allowance: $1.147b, up 26%
 
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Last
$8.89
Change
-0.090(1.00%)
Mkt cap ! $21.02B
Open High Low Value Volume
$8.98 $9.00 $8.86 $23.86M 2.681M

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No. Vol. Price($)
1 11748 $8.88
 

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Price($) Vol. No.
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