Insurance Australia Group Ltd Pref

  • IPO date:
  • Sector: Financials
  • GIC Group: Banks
  • Industry: Insurance
  • Company website

Company 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.

Financial highlights

Market Capitalization$235241.5703 million
P/E Ratio1291.1392
P/E Growth Ratio
Book Value2.503
Dividend Per Share0.11
Earnings Per Share0.079
EBITDA680,000
Profit Margin0.0458
Operating Margin TTM0.0845
Return on Assets TTM0.0118
Return on Equity TTM0.065
Revenue TTM7,574,000.128

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2015-12-31
2016-12-31 9,881,000 8,547,000
2017-12-31 9,141,000 7,731,000
2018-12-31 9,063,000 7,731,000
2019-12-31 8,878,000 8,343,000
2020-12-31 9,187,000 9,576,000
2021-12-31 8,880,000 8,455,000
2022-12-31 10,212,000 9,043,000

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2015-12-31 263,000 30,030,000 23,467,000 1,962,000 7,275,000
2016-12-31 424,000 29,597,000 23,035,000 1,624,000 7,082,000
2017-12-31 448,000 29,766,000 23,097,000 1,960,000 7,082,000
2018-12-31 538,000 29,286,000 22,882,000 2,080,000 6,617,000
2019-12-31 405,000 29,694,000 23,617,000 1,526,000 6,617,000
2020-12-31 326,000 33,449,000 26,893,000 1,987,000 7,386,000
2021-12-31 350,000 34,083,000 27,583,000 2,019,000 7,386,000
2022-12-31 474,000 35,026,000 27,977,000 2,139,000

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2015-12-31 -1,946,000 -329,000 1,104,000 948,000
2016-12-31 929,000 636,000 376,000 1,104,000 1,480,000 623,000
2017-12-31 923,000 -53,000 -135,000 1,480,000 1,345,000 803,000
2018-12-31 1,076,000 589,000 353,000 1,345,000 1,698,000 750,000
2019-12-31 435,000 381,000 624,000 1,698,000 2,322,000 693,000
2020-12-31 -427,000 1,610,000 -293,000 2,322,000 2,029,000 173,000
2021-12-31 347,000 899,000 -1,091,000 2,029,000 938,000 468,000
2022-12-31 832,000 409,000 938,000 1,353,000 310,000