Insurance Australia Group Limited

ASX IAG.AX

Insurance Australia Group Limited Net Income for the year ending June 30, 2024: USD 598.75 M

Insurance Australia Group Limited Net Income is USD 598.75 M for the year ending June 30, 2024, a 8.14% change year over year. Net income is the total profit earned by a company after deducting all expenses, including taxes and non-controlling interest.
  • Insurance Australia Group Limited Net Income for the year ending June 30, 2023 was USD 553.70 M, a 131.21% change year over year.
  • Insurance Australia Group Limited Net Income for the year ending June 30, 2022 was USD 239.48 M, a 174.80% change year over year.
  • Insurance Australia Group Limited Net Income for the year ending June 30, 2021 was USD -320.16 M, a -206.62% change year over year.
  • Insurance Australia Group Limited Net Income for the year ending June 30, 2020 was USD 300.28 M, a -60.26% change year over year.
Key data
Date Net Income EPS (Diluted) Shares (Diluted, Weighted) Net Income Margin
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ASX: IAG.AX

Insurance Australia Group Limited

CEO Mr. Nicholas B. Hawkins B.Com., CA, F.C.A.
IPO Date Aug. 7, 2000
Location Australia
Headquarters Tower Two
Employees 13,650
Sector Finance
Industries
Description

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand. It offers personal and commercial insurance products, including bicycle, comprehensive motor, commercial and motor fleet, commercial property and liability, construction and engineering, consumer credit, compulsory third party, directors and officers, extended warranty, farm, crop, livestock, home and contents, income protection, marine, veteran, vintage and classic car, boat, caravan, travel, life, professional indemnity, public and product liability, security, workers' compensation, motor vehicle, business, and rural and horticultural, as well as reinsurance. The company sells its products through branches and agencies, call centers, online facilities, brokers, agents, authorized representatives, and financial institutions; and third parties under the NRMA Insurance, SGIO, SGIC, RACV, CGU, ROLLiN, WFI, Swann Insurance, NZI, State, AMI, Lumley, and Coles Insurance brands. The company was formerly known as NRMA Insurance Group Limited and changed its name to Insurance Australia Group Limited in 2002. Insurance Australia Group Limited was founded in 1920 and is based in Sydney, Australia.

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StockViz Staff

January 15, 2025

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