Insurance Australia Group Limited operates within the Fire, marine, and casualty insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Insurance Australia Group Limited with three other
insurance companies in Australasia:
Nib Holdings Limited
sales of 2.03 billion Australian Dollars [US$1.62 billion]
of which 82%
was Austrlian Residents Health Insurance),
Medibank Private Ltd
(6.94 billion Australian Dollars [US$5.52 billion]
of which 90%
was Health Insurance), and
Suncorp Group Limited
(17.40 billion Australian Dollars [US$13.85 billion]
of which 67%
During the year ended June of 2017, sales at
Insurance Australia Group Limited were A$16.02 billion (US$12.76 billion).
decrease of 2.4%
versus 2016, when the company's sales were A$16.42 billion.
Contributing to the drop in overall sales was the 69.2% decline
in Corporate and Investments, from A$949.00 million to A$292.00 million.
There were also decreases in sales in
Australia-Business (down 7.1% to A$4.24 billion)
However, these declines were partially offset by the increase in sales of
Australia -Consumer (up 2.6% to A$8.16 billion)
New Zealand Insurance (up 17.4% to A$3.28 billion)
Asia Insurance (up 3.5% to A$531.00 million)