Insurance Australia Group (IAG) Stock Price, Fundamentals & Analysis

What IAG does

Insurance Australia Group (IAG) is a stock listed on the ASX in the Financial Services sector, specifically in the Insurance - Property & Casualty industry. The company underwrites general insurance and provides investment management services across Australia and New Zealand. It offers short-tail products such as motor vehicle, home and contents, and commercial property insurance, as well as long-tail products including professional indemnity and workers' compensation. IAG operates under brands like NRMA Insurance, CGU, and NZI, and sells through branches, brokers, and online channels. It is part of the broader Australian insurance landscape alongside peers such as AMP (AMP), Nib (NHF), and Westpac (WBC).

Key numbers explained

• The current share price of 7.84 AUD is the latest trading price on the ASX.
• The trailing P/E ratio of 18.2 shows how much investors pay per dollar of the company's last 12 months of earnings; a lower P/E ratio can suggest a stock is cheaper relative to its earnings.
• The forward P/E ratio of 15.8 uses expected future earnings, giving a sense of valuation based on what analysts anticipate.
• The dividend yield of 4.08% is the dividend yield, meaning the annual dividend payment represents about 4% of the current share price.
• The ex-dividend date of Aug 24, 2026 is the cutoff: you must own the stock before this date to receive the next dividend.
• 72% of earnings are paid out as dividends, indicating a relatively high payout ratio that prioritises returning cash to shareholders.
• The beta of -0.02 suggests the stock's price movement has a very weak negative correlation with the broader market.
• The 52-week range of 6.39 – 8.72 shows the lowest and highest prices over the past year, with the current price near the middle of that band.

What to watch

• Insurance stocks like IAG are sensitive to changes in claims frequency and severity, which can be affected by natural disasters and inflation.
• Regulatory changes in Australia and New Zealand can impact underwriting rules and capital requirements for insurers.
• Interest rate movements influence investment returns on the company's large asset portfolio.
• Earnings reports, with the next one scheduled for Aug 13, 2026, often drive short-term price moves.
• Broader market conditions and peer performance, including companies like MFF Capital Investments (MFF) and Generation Development Group (GDG), can affect sector sentiment.