AUB Group Ltd

AUB: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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AUB Group Primed for Modest Growth as Disruption Fears Grip the Market

Nathan Zaia

Aug 25, 2026

Business Strategy and Outlook

AUB Group operates the second-largest general insurance broker network in Australia and New Zealand. AUB brokers derive revenue from commissions paid by insurers, based on gross written premiums, plus fees. AUB owns or has equity stakes in each broking business within the network. Around half of group profit comes from the Australian and New Zealand broker network, around 30% from International, including Tysers in the United Kingdom, and the remainder from underwriting agencies.

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We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

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AUB Group Ltd

AUB Group Primed for Modest Growth as Disruption Fears Grip the Market

Business Strategy and Outlook

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