Insurance Australia Group Limited

ASX IAG.AX

Insurance Australia Group Limited Return on Assets (ROA) for the year ending June 30, 2024: 3.51%

Insurance Australia Group Limited Return on Assets (ROA) is 3.51% for the year ending June 30, 2024, a 47.58% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

Insurance Australia Group Limited Return on Assets (ROA) for the year ending June 30, 2023 was 2.38%, a 133.81% change year over year.
Insurance Australia Group Limited Return on Assets (ROA) for the year ending June 30, 2022 was 1.02%, a 179.60% change year over year.
Insurance Australia Group Limited Return on Assets (ROA) for the year ending June 30, 2021 was -1.28%, a -186.90% change year over year.
Insurance Australia Group Limited Return on Assets (ROA) for the year ending June 30, 2020 was 1.47%, a -59.76% change year over year.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

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 Insurance Investment Banking & Asset Management

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.

Key trends

Past 5 years