Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand. It offers personal and commercial insurance products, including bicycle, comprehensive motor, commercial and motor fleet, commercial property and liability, construction and engineering, consumer credit, compulsory third party, directors and officers, extended warranty, farm, crop, livestock, home and contents, income protection, marine, veteran, vintage and classic car, boat, caravan, travel, life, professional indemnity, public and product liability, security, workers' compensation, motor vehicle, business, and rural and horticultural, as well as reinsurance. The company sells its products through branches and agencies, call centers, online facilities, brokers, agents, authorized representatives, and financial institutions; and third parties under the NRMA Insurance, SGIO, SGIC, RACV, CGU, ROLLiN, WFI, Swann Insurance, NZI, State, AMI, Lumley, and Coles Insurance brands. The company was formerly known as NRMA Insurance Group Limited and changed its name to Insurance Australia Group Limited in 2002. Insurance Australia Group Limited was founded in 1920 and is based in Sydney, Australia.
General Outlook
In simple terms, Insurance Australia Group Limited has 2424.57 M shares that people are buying and selling right now. When we look at how much money they make before expenses, they keep 1.000% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is 0.127%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of 0.094%. This tells us they're good at keeping money after all costs.
Return on Investments
The company's asset efficiency, represented by a robust 0.024% return, is a testament to Insurance Australia Group Limited's adeptness in optimizing resource deployment. Insurance Australia Group Limited's utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of 0.127%. Furthermore, the proficiency of Insurance Australia Group Limited in capital utilization is underscored by a remarkable 0.034% return on capital employed.
Stock Prices
Insurance Australia Group Limited's stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $5.96, while its low point bottomed out at $5.89. This variance in figures offers investors a lucid insight into the roller-coaster ride that is Insurance Australia Group Limited's stock market.
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