INSURANCE AUSTRALIA GROUP LIMITED (ASX:IAG)

Insurance

Insurance Australia Group (ASX: IAG) is Australia’s largest insurance business, its direct heritage dates back to 1920. Its businesses underwrite over $11.4 billion of premium per annum, selling insurance under many brands, including NRMA Insurance, CGU, SGIO, SGIC, Swann Insurance and WFI (Australia); and NZI, State, AMI and Lumley Insurance (New Zealand).

Insurance Australia Group (ASX: IAG) is Australia’s largest insurance business, its direct heritage dates back to 1920. Its businesses underwrite over $11.4 billion of premium per annum, selling insurance under many brands, including NRMA Insurance, CGU, SGIO, SGIC, Swann Insurance and WFI (Australia); and NZI, State, AMI and Lumley Insurance (New Zealand).

FAQs

Is IAG going to pay a dividend in FY20?
No. Typically, based on historical data, IAG would pay a dividend. However, in July 2020 IAG said it would not pay a final dividend to shareholders.
Does IAG own NRMA?
Yes. Insurance Australia Group owns NRMA, CGU and other household names.