IAG insurance australia group limited

July 23 (Reuters) - Insurance Australia Group Ltd (IAG) :...

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    July 23 (Reuters) - Insurance Australia Group Ltd (IAG) :

    • EXPECTS ITS PRELIMINARY FY21 RESULTS WILL CONTAIN GROSS WRITTEN PREMIUM GROWTH OF 3.8%
    • PRELIM FY21 NET EARNED PREMIUM A$7,473 MILLION, GROWTH OF 1.5% ON FY20
    • IAG EXPECTS TO RECORD A PRE-TAX NET CORPORATE EXPENSE OF A$1,510 MILLION IN FY21
    • PRELIM FY21 UNDERLYING INSURANCE MARGIN 14.7% (FY20: 16.0%), INCLUDING H2 RESULT OF 13.5%
    • FY21 REPORTED NET LOSS OF A$427 MILLION VERSUS NET PROFIT OF A$435 MILLION
    • SEES ‘LOW SINGLE-DIGIT’ GROWTH FOR GWP IN FY22
    • SEES FY22 REPORTED INSURANCE MARGIN BETWEEN 13.5%–15.5%
    • SEES INCREASE IN NATURAL PERILS ALLOWANCE TO A$765 MILLION IN FY22
    • PRELIM FY21 REPORTED NET LOSS A$427 MILLION
    • PRELIM FY21 CASH EARNINGS A$747 MILLION
 
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(20min delay)
Last
$8.77
Change
-0.020(0.23%)
Mkt cap ! $20.74B
Open High Low Value Volume
$8.78 $8.78 $8.71 $30.93M 3.529M

Buyers (Bids)

No. Vol. Price($)
1 2824 $8.76
 

Sellers (Offers)

Price($) Vol. No.
$8.78 34908 3
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Last trade - 16.10pm 31/07/2025 (20 minute delay) ?
IAG (ASX) Chart
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