Insurance Australia Group Ltd
IAG: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|^% | LOCK|!J | LOCK|Wy>BxJ@ |
Insurance Australia Group Leaning on Acquisitions for Growth as Premium Rate Increases Slow
Business Strategy and Outlook
Insurance Australia Group is a general insurer with around AUD 17 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.
