Insurance Australia Group Ltd
IAG: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|%j | LOCK|rT$ | LOCK|zWY<vn |
Insurance Australia Group Earnings: Australian Retail Strength Offset by Weak New Zealand Result
Insurance Australia Group's fiscal 2026 profit fell 25% to about AUD 1 billion despite gross written premium, or GWP, growth of 7.6% to AUD 18.4 billion. Lower investment income and higher natural hazard expenses are largely to blame. Guidance is for 5%-8% GWP growth for fiscal 2027. Shares fell 5%.
