Insurance Australia Group Ltd
IAG: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| M.k | LOCK|>d@ | LOCK|c@wMW%< |
Insurance Australia Group: Growth Targets Outpace Our Expectations
Insurance Australia Group has ambitions to deliver above 15% ROE and high-single-digit percent EPS growth in the five years to fiscal 2030. Built on growing gross written premiums by high single digits per year, maintaining insurance margins above 15%, and buying back 2.5% of shares on issue.
