Insurance Australia Group Ltd (ASX: IAG) Share Price and News

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Insurance Australia Group Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $19.58 billion
P/E Ratio 22.85
Dividend Yield 3.26%
Shares Outstanding 2.37 billion
Earnings per share 0.362
Dividend per share 0.34
Year To Date Return 51.06%
Earnings Yield 4.38%
Franking 50
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as at 24 Feb 3:44pm

  • Insurance Australia Group Ltd (ASX: IAG)
    Latest News

    A cute little kid in a suit pulls a shocked face as he talks on his smartphone.
    Financial Shares

    Why is everyone talking about IAG shares on Tuesday?

    IAG had some big news for investors this morning, and they don't seem to like it.

    Read more »

    A young woman wearing a blue blouse with white polkadots holds her phone up with an intrigued and happy look on her face as she reads some news.
    Financial Shares

    Why were IAG shares such a good investment in April?

    Your portfolio would have been better for holding this insurance giant's shares last month.

    Read more »

    A girl stands at a wooden fence holding a big, inflated balloon looking at dark clouds looming ominously behind her.
    Financial Shares

    Are dark clouds gathering over the IAG share price?

    Some fund managers are raising concerns over the pending costs to IAG of the flooding and storms that hit New…

    Read more »

    Woman looking at her smartphone and analysing share price.
    Dividend Investing

    Did you buy $4,000 of IAG shares 5 years ago? Here's how much passive income you've earned

    Have IAG's dividends made up for its share price's poor performance in recent years?

    Read more »

    A man sits in deep thought with a pen held to his lips as he ponders his computer screen with a laptop open next to him on his desk in a home office environment.
    Financial Shares

    Why the IAG share price outperformed the ASX 200 in March

    ASX 200 investors continue to be faced with persistently high inflation.

    Read more »

    A man looks at his laptop waiting in anticipation.
    Defensive Shares

    Is IAG stock a good defensive ASX 200 buy right now?

    Could the insurer's stock really offer 16% upside?

    Read more »

    A male investor sits at his desk looking at his laptop screen holding his hand to his chin pondering whether to buy Macquarie shares
    Financial Shares

    Insurance companies are raking it in, so should you buy ASX 200 shares like IAG right now?

    It was a good year for insurance industry profit so is it a good time to buy insurance shares?

    Read more »

    A mature age woman with a groovy short haircut and glasses, sits at her computer, pen in hand thinking about information she is seeing on the screen.
    Share Market News

    The IAG dividend is being paid today. Here's the latest

    We take a look at the details of the IAG dividend.

    Read more »

    Five retirees do a conga line dance on the beach celebrating the special dividend announced by Grange Resources today
    Broker Notes

    5 ASX 200 shares that inflation can't touch: expert

    Regardless of whether you're a bull or a bear, cost pressures are a factor when buying stocks at the moment.

    Read more »

    Woman looking at her smartphone and analysing share price.
    Opinions

    Warren Buffett is invested in IAG shares, should you be?

    IAG is one of Australia’s biggest insurers. Is it a big opportunity?

    Read more »

    A trendy woman wearing sunglasses splashes cash notes from her hands.
    How to invest

    How I'd generate a $10,000 second income from IAG shares

    Warren Buffett is one of many income investors that receive dividends from IAG...

    Read more »

    A smiling woman with a satisfied look on her face lies on a rug in her home with her laptop open and a large cup on the floor nearby, gazing at the screen. researching new ETFs
    Dividend Investing

    Why is the IAG share price sliding lower on Thursday?

    New investors have missed the boat on the company's upcoming dividend.

    Read more »

    Frequently Asked Questions

    IAG traditionally makes two dividend payments to shareholders yearly, payable in March and September.

    Yes, the company offers a dividend reinvestment plan (DRP) as an alternative to receiving cash dividends on ordinary shares.

    IAG listed on the ASX on 8 August 2000.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    29 Aug 2024 $0.1700 50.00% Final 26 Sep 2024
    21 Feb 2024 $0.1000 40.00% Interim 27 Mar 2024
    29 Aug 2023 $0.0900 30.00% Final 28 Sep 2023
    16 Feb 2023 $0.0600 100.00% Interim 23 Mar 2023
    18 Aug 2022 $0.0500 70.00% Final 22 Sep 2022
    16 Feb 2022 $0.0600 0.00% Interim 24 Mar 2022
    17 Aug 2021 $0.1300 0.00% Final 22 Sep 2021
    16 Feb 2021 $0.0700 0.00% Interim 30 Mar 2021
    18 Feb 2020 $0.1000 70.00% Interim 25 Mar 2020
    19 Aug 2019 $0.2000 70.00% Final 30 Sep 2019
    12 Feb 2019 $0.1200 100.00% Interim 20 Mar 2019
    31 Oct 2018 $0.0550 100.00% Special Cash 26 Nov 2018
    21 Aug 2018 $0.2000 100.00% Final 27 Sep 2018
    20 Feb 2018 $0.1400 100.00% Interim 29 Mar 2018
    06 Sep 2017 $0.0000 100.00% Final 09 Oct 2017
    28 Feb 2017 $0.1300 100.00% Interim 30 Mar 2017
    06 Sep 2016 $0.1300 100.00% Final 05 Oct 2016
    29 Feb 2016 $0.1000 100.00% Special 30 Mar 2016
    29 Feb 2016 $0.1300 100.00% Interim 30 Mar 2016
    08 Sep 2014 $0.2600 100.00% Final 08 Oct 2014
    27 Feb 2014 $0.1300 100.00% Interim 02 Apr 2014
    05 Sep 2013 $0.2500 100.00% Final 09 Oct 2013
    28 Feb 2013 $0.1100 100.00% Interim 03 Apr 2013
    30 Aug 2012 $0.1200 100.00% Final 03 Oct 2012
    01 Mar 2012 $0.0500 100.00% Interim 04 Apr 2012
    03 Mar 2011 $0.0900 100.00% Interim 11 Apr 2011
    02 Sep 2010 $0.0450 100.00% Final 06 Oct 2010
    03 Mar 2010 $0.0850 100.00% Interim 12 Apr 2010
    27 Aug 2009 $0.0600 100.00% Final 02 Oct 2009
    04 Mar 2009 $0.0400 100.00% Interim 08 Apr 2009
    28 Aug 2008 $0.0900 100.00% Final 03 Oct 2008
    05 Mar 2008 $0.1350 100.00% Interim 14 Apr 2008
    30 Aug 2007 $0.1600 100.00% Final 08 Oct 2007
    07 Mar 2007 $0.1350 100.00% Interim 16 Apr 2007
    31 Aug 2006 $0.1600 100.00% Final 09 Oct 2006
    18 May 2006 $0.1250 100.00% Special Cash 26 Jun 2006
    02 Mar 2006 $0.1350 100.00% Interim 10 Apr 2006
    08 Sep 2005 $0.1450 100.00% Final 17 Oct 2005
    11 Mar 2004 $0.0800 100.00% Interim 19 Apr 2004

    IAG ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Insurance Australia Group Ltd

    Insurance Australia Group Ltd (ASX: IAG) is the largest general insurance company in Australia and New Zealand. The company had its origins in the National Roads and Motorists' Association (NRMA) insurance business in 2000. IAG provides a range of commercial and personal insurance products, primarily motor vehicle and home insurance.

    Headquartered in Sydney with operations in Australia and New Zealand, IAG’s businesses underwrite over $14 billion of premium per annum, selling insurance under many leading brand names. 

    IAG Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    20 Dec 2024 $8.28 $-0.20 -2.36% 9,399,869 $8.41 $8.43 $8.28
    19 Dec 2024 $8.48 $0.08 0.95% 5,598,469 $8.29 $8.49 $8.26
    18 Dec 2024 $8.40 $-0.19 -2.21% 5,345,255 $8.51 $8.56 $8.36
    17 Dec 2024 $8.59 $0.15 1.78% 4,364,759 $8.41 $8.60 $8.41
    16 Dec 2024 $8.44 $0.10 1.20% 4,528,540 $8.33 $8.48 $8.32
    13 Dec 2024 $8.34 $-0.02 -0.24% 2,425,918 $8.31 $8.36 $8.29
    12 Dec 2024 $8.36 $0.00 0.00% 3,033,235 $8.34 $8.40 $8.28
    11 Dec 2024 $8.36 $-0.14 -1.65% 3,439,826 $8.52 $8.54 $8.36
    10 Dec 2024 $8.50 $-0.15 -1.73% 5,210,881 $8.52 $8.67 $8.47
    09 Dec 2024 $8.65 $0.07 0.82% 4,903,823 $8.53 $8.65 $8.52
    06 Dec 2024 $8.58 $-0.06 -0.69% 3,515,177 $8.64 $8.71 $8.58
    05 Dec 2024 $8.64 $0.07 0.82% 4,087,967 $8.59 $8.69 $8.57
    04 Dec 2024 $8.57 $0.04 0.47% 3,375,389 $8.55 $8.65 $8.47
    03 Dec 2024 $8.53 $0.02 0.24% 4,259,049 $8.65 $8.65 $8.49
    02 Dec 2024 $8.51 $-0.02 -0.23% 3,984,375 $8.53 $8.59 $8.49
    29 Nov 2024 $8.53 $0.06 0.71% 5,536,410 $8.44 $8.53 $8.35
    28 Nov 2024 $8.47 $0.29 3.55% 6,719,643 $8.46 $8.64 $8.42
    27 Nov 2024 $8.18 $0.12 1.49% 3,607,590 $8.10 $8.21 $8.08
    26 Nov 2024 $8.06 $-0.13 -1.59% 4,807,704 $8.23 $8.25 $8.04
    25 Nov 2024 $8.19 $-0.03 -0.36% 10,112,199 $8.28 $8.31 $8.19

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    26 Sep 2024 Wendy Thorpe Issued 55 $426
    Dividend Reinvestment Plan (DRP).
    04 Sep 2024 George Sartorel Buy 5,000 $38,446
    On-market trade.
    27 Aug 2024 Nicholas Hawkins Buy 81,460 $601,411
    Conversion of securities. There is no transaction reported for Conversion of Deferred Award Rights
    22 Aug 2024 Wendy Thorpe Buy 12,096 $88,542
    Conversion of securities. As per announcement, conversion of rights in contracts
    27 Mar 2024 Wendy Thorpe Issued 40 $249
    Dividend Reinvestment Plan (DRP).
    27 Mar 2024 Thomas (Tom) Pockett Issued 1,725 $10,776
    Dividend Reinvestment Plan (DRP).

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Dr Helen Marion Nugent Non-Executive Director Dec 2016
    Dr Nugent has financial services experience, having been Chairman of Funds SA and Veda Group and a Non-Executive Director of Macquarie Group and the State Bank of New South Wales. She also served on Westpac Banking Corporation's executive team as Director of Strategy, and prior to that specialised in the financial services sector as a Partner at McKinsey & Company. Helen's experience as a Non-Executive Director extends to the energy sector and telecommunications. Currently, she is Chairman of Ausgrid, and previously was a Non-Executive Director of Origin Energy. She is also the Senior Independent Director at TPG Telecom. She is also a member of Risk Committee.
    Mr George Savvides Non-Executive Director Jun 2019
    Mr Savvides has been a Non-Executive Director of BuildXACT Software Limited (since July 2021). He was Non-Executive Chair of the Australian Securities Exchange (ASX) listed biotech company Next Science (2018-2021) and Non-Executive Director of New Zealand's Exchange (NZX) listed entity, Ryman Healthcare (2013-2023). He is Chair of the Special Broadcasting Service Corporation (SBS) and Chair of the I-MED Radiology Network. He is a former Non-Executive Chairman of Kings Transport and Non-Executive Chair of Macquarie University Hospital and served for 18 years on the Board of World Vision Australia, including six years as the Chair, retiring in 2018. He is Chair of People Committee and also a member of Risk Committee.
    Mr Thomas (Tom) William Pockett Non-Executive DirectorNon-Executive Chairman Jan 2015
    Mr Pockett was previously Chief Financial Officer and then Finance Director with Woolworths Limited, retiring in July 2014.Hehas also held senior finance roles at Commonwealth Bank, Lendlease Corporation and Deloitte. Tom is the Chair and a Non-Executive Director of Stockland Corporation Limited and a Non-Executive Director of O'Connell Street Associates.
    Mr Simon Christopher Allen Non-Executive Director Nov 2019
    Mr Allen has over 40years of commercial and governance experience in the New Zealand and Australian capital markets and was Chief Executive of investment bank BZW/ABN AMRO in New Zealand for 21 years. Simon is a former Trustee of the New Zealand Antarctic Heritage Trust, a former Chair of Z Energy Limited and was Chair of Channel Infrastructure NZ Limited (previously known as The New Zealand Refining Company Limited). He was also the inaugural Chair of NZX Limited, Financial Markets Authority, Auckland Council Investments Limited, and Crown Infrastructure Partners Limited (previously known as Crown Fibre Holdings Limited). He is also a member of People and Risk Committee.
    Mr Nicholas B Hawkins Chief Executive OfficerManaging Director Apr 2020
    Mr Hawkins previously held the role of Deputy Chief Executive Officer, accountable for the management and performance of IAG's day-to-day operations. He previously spent 12 years as IAG's Chief Financial Officer, responsible for the financial affairs of the Group. Prior to this, Nick was Chief Executive Officer of IAG New Zealand and has also held a number of roles within finance and asset management since joining the Group in 2001. Before joining IAG, Nick was a Partner at KPMG.
    Ms Wendy Thorpe Non-Executive Director Jul 2023
    Ms Thorpe Wendy served as an Independent Non-Executive Director of Tower Limited (2018-2023), where she was more recently the Risk Committee Chair. Wendy was previously a senior executive at AXA and AMP, leading technology and operations in Chief Information Officer and Chief Operations Officer roles. Wendy is Chair of Epworth Healthcare and Online Education Services, and a Non-Executive Director of People First Bank, auDA and Data Action. Wendy is a former Non-Executive Director of AMP Bank, Ausgrid and Very Special Kids and is a former member of the Council of Swinburne University of Technology. Wendy has over 30 years of experience in Financial Services across Insurance, Investment Management, Banking and Wealth management at AXA, ANZ and AMP. She is also a member of People Committee.
    Ms Michelle Kim Tredenick Non-Executive Director Mar 2018
    Ms Tredenick has held a number of senior executive roles in major Australian companies, including National Australia Bank, MLC and Suncorp. She has over 25years of experience in financial services with roles spanning Chief Information Officer, Head of Strategy and Corporate Development and senior leadership roles in corporate superannuation, insurance and wealth management businesses. Michelle was appointed as Non-Executive Director of First Sentier Investors in 2020 and Lead Independent Director in 2024 and chairs the Audit and Risk Committee. Michelle is a Non-Executive Director of IDP Education, Urbis Pty Ltd and Hub24 Limited. She is a former Chair of the IAG & NRMA Superannuation Fund (2012-2018) and former Director of Cricket Australia (2015-2022), as well as the Ethics Centre (2013-2022) and Bank of Queensland (2011-2020). Michelle is a former Non-Executive Director of Zafin Labs Americas Incorporated, where she chaired the Human Resources and Governance Committee (2021-2024). She was also previously a member of the Senate of the University of Queensland (2014-2021). She is also a member of People Committee.
    Mr David Hugh Armstrong Non-Executive Director Sep 2021
    Mr Armstrong is a former Partner of PricewaterhouseCoopers, with more than 40 years of experience in professional services. He has knowledge and understanding of banking and capital markets, real estate and infrastructure, and is well versed in reporting, regulatory and risk challenges faced by the industry. Davidis the Chair of The George Institute for Global Health and Chair of the Opera Australia Capital Fund Limited. He was previously a Non-Executive Director of the National Australia Bank, where he chaired the Audit Committee, and was a member of its Risk & Compliance Committee. He is also a member of Risk Committee.
    Mr Scott Pickering Non-Executive Director Nov 2021
    Mr Pickering has over 35 years of experience in the sector. He is a Non-Executive Director of Fidelity Life Assurance Company Limited and a former Non-Executive Director for Chubb Insurance in Australia and New Zealand. Scott was formerly regional Chief Executive Officer for one of the world's largest insurance brokers, Willis Towers Watson, for Central and Eastern Europe, the Middle East and Africa. Prior to Willis Towers Watson, Scott worked for Royal & Sun Alliance Insurance as Regional Chief Executive Officer for Asia and the Middle East. He has also held senior regional leadership and Chief Executive roles at ACE Insurance and CIGNA in the Asia Pacific region and South Africa. Scott previously held the position of Chief Executive of the Accident Compensation Corporation, which provides comprehensive, no fault personal injury cover for all New Zealanders. He stepped down from the role at the end of June 2021.
    Mr George David Sartorel Non-Executive Director Sep 2021
    Mr Sartorel has operational, business and technology experience spanning property, casualty, health, life insurance and asset management. In his career at Allianz, George worked across a variety of roles and within those roles has led countries and regions of scale and formed strategic alliances. George began his career as Chief General Manager of Allianz Australia. Before becoming the Asia Pacific Chief Executive Officer of Allianz, George was Chief Executive Officer of Allianz Italy and Allianz Turkey. He is the former Chair of Allianz Asia Advisory Council and member of the Allianz Australia Group. He was also a member of the Allianz International Executive Committee and the founding member of Allianz X, the corporate venture capital company that invested in innovative digital start-ups. He is also a member of People and Risk Committee.
    Mr Andrew Collings Additional Company Secretary. Nov 2023
    -
    Andrew Collings Additional Company Secretary.
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    Amanda Whiting Chief Executive IAG New Zealand
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    William McDonnell Chief Financial Officer
    -
    Neil Morgan Chief Operating Officer
    -
    Peter Taylor Group Chief Risk Officer
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    Jarrod Hill Group Executive Intermediated Insurance Australia
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    Christine Stasi Group Executive People Performance and Reputation
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    Julie Batch Group Executive Direct Insurance Australia
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    Robert Cutler Group General Counsel
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) Limited 696,740,721 29.42%
    J P Morgan Nominees Australia Pty Limited 317,652,495 13.40%
    Citicorp Nominees Pty Limited 234,474,056 9.89%
    National Indemnity Company 97,513,199 4.11%
    BNP Paribas Nominees Pty Ltd <Agency Lending A/C> 74,973,673 3.16%
    National Nominees Limited 51,018,419 2.15%
    BNP Paribas Noms Pty Ltd 31,308,554 1.32%
    HSBC Custody Nominees (Australia) Limited <Nt Comnwlth Super Corp A/C> 17,209,518 0.73%
    One Managed Investment Funds Ltd <Nrma Treasury Ltd A/C> 10,001,357 0.42%
    Citicorp Nominees Pty Limited <Colonial First State Inv A/C> 8,754,942 0.37%
    HSBC Custody Nominees (Australia) Limited A/C 2 8,126,311 0.34%
    UBS Nominees Pty Ltd 6,391,355 0.27%
    BNP Paribas Noms (Nz) Ltd 5,059,043 0.21%
    Australian Foundation Investment Company Limited 4,730,114 0.20%
    HSBC Custody Nominees (Australia) Limited i 4,457,762 0.19%
    Netwealth Investments Limited <Wrap Services A/C> 3,133,485 0.13%
    BNP Paribas Nominees Pty Ltd <Hub24 Custodial Serv Ltd> 2,915,704 0.12%
    Warbont Nominees Pty Ltd <Unpaid Entrepot A/C> 2,168,299 0.09%
    Citicorp Nominees Pty Limited <Citibank Ny Adr Dep A/C> 2,057,122 0.09%
    IAG Share Plan Nominee Pty Limited <Iag Dap Unallocated Account> 1,942,465 0.08%

    Profile

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