Insurance Australia Group Limited [ASX:IAG] share price and news 2022

Company Description

Insurance Australia Group Ltd (IAG) is a general insurance group, with operations in Australia and New Zealand. The Group provides a range of personal and commercial insurance products, primarily motor vehicle and home insurance. Their businesses underwrite almost $12 billion of premium per annum, selling insurance under many leading brands. IAG has two customer facing divisions New Zealand Division and Australia Division.

Insurance Australia Group Limited belongs to Financials sector and under industry of Property & Casualty Insurance. You can get more information about this company via their website: http://www.iag.com.au.

This is a large cap company with market cap of 11462 millions.

Compared to Market and Sector

The following table compares the company to Market and Sector based on Earning, Price/Earning ratio(P/E), Price/Book ratio (P/B) and PE growth.

Company PE is greater than both sector and market. while On the other hand, Company Earning is greater than both sector and market.

Earnings PE PB PE growth
Company 1.13 25.2 1.77 0.55
Market 1.03 20.6 1.71 1.15
Sector 0.98 23.5 2.55 1.5

Dividend Growth Chart

The following chart shows you how iag dividend grows in the recent years.Insurance Australia Group Limited has dividend yield of 3.73%