Insurance Australia Group Ltd
IAG: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| h.f | LOCK|&Y | LOCK|#!t#!Sl |
Insurance Australia Group Earnings: Australian Retail Strength Offset by Weak New Zealand
Business Strategy and Outlook
Insurance Australia Group is a general insurer with around AUD 18 billion of annual gross written premiums operating in Australia and New Zealand. It is a custodian of well-known heritage brands that include NRMA, CGU, SGIO, SGIC, and Swann Insurance in Australia and State, NZI, AMI, and Lumley in New Zealand. The insurer carries concentrated weather and earthquake risk in Australia and New Zealand.
