Insurance Australia Group Ltd - Company Profile
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Business Description
Insurance Australia Group Ltd (IAG) focuses on underwriting general insurance and related businesses. The group operates under several brands comprising NRMA Insurance, CGU, SGIO, SGIC, and WFI (Australia); NZI, State, AMI, and Lumley Insurance (New Zealand); NZI (Thailand). The group operates in Australia, New Zealand and Asia.
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Business Segments
Overview
Comprises activities such as corporate services, investment in associates, capital management activity, shareholders’ funds investment activities, inward reinsurance from associates, and other businesses.
Performance
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Overview
Provides personal lines, and some commercial lines, general insurance products to customers primarily under the NRMA, SGIO and SGIC brands, the RACV brand in Victoria through distribution and underwriting relationship with RACV, and CGU and Poncho brands.
Performance
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Overview
Provides commercial lines, and some personal lines, general insurance products sold to customers through intermediaries including brokers, authorised representatives and distribution partners primarily under the CGU and WFI brands, and Coles Insurance brand through distribution agreement with Coles.
Performance
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Overview
Provides general insurance products underwritten in New Zealand sold to customers under the State and AMI brands, and through intermediaries such as insurance brokers and authorised representatives primarily using the NZI and Lumley Insurance brands. General insurance products are also distributed by corporate partners, such as large financial institutions, using third party brands.
Performance
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Geographical Segments
Performance
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Performance
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