Insurance Australia Group (IAG)
Insurance Australia Group Ltd. is an insurance company. It distributes a range of personal and commercial insurance products, both directly to the customer and indirectly through a network of intermediaries. The company operates through following segments: Consumer division Australia; Business division Australia; New Zealand; Asia; and Corporate and other. The Consumer division Australia segment provides general insurance products to individuals and families throughout Australia, primarily under the NRMA Insurance, SGIO, SGIC and CGU brands, under the RACV brand in Victoria and the Coles Insurance brand nationally. The Business division Australia segment provides commercial insurance to businesses of all sizes throughout Australia, under the CGU, WFI, and Swann Insurance brands through intermediaries including brokers, representatives and distribution partners. The New Zealand segment provides general insurance business underwritten in New Zealand. Insurance products are sold directly to customers under the State and AMI brands, and through insurance brokers and authorized representatives primarily using the NZI and Lumley Insurance brands. Its personal and commercial products are also distributed by corporate partners, such as large financial institutions, using third party brands. The Asia segment provides direct and intermediated insurance business underwritten through subsidiaries in Thailand, Vietnam and Indonesia and the share of the operating result from the investment in associates in Malaysia and India. It offers personal and commercial insurance products through local brands. The Corporate and Other segment comprises other activities, including corporate services, capital management activity, placement of the Group's reinsurance program, inward reinsurance from associates and all investment activities. Insurance Australia Group was founded in 1925 and is headquartered Sydney, Australia.
|Market Price at 18-01-2018
|Price to Earnings Ratio
|Return on Equity (ROE)
Blog posts that reference Insurance Australia Group:
Friday, June 19, 2015
Didn’t IAG hit the jackpot! What a coup to have Berkshire Hathaway on its share register.
Buffet is famously known as a man who only invests in companies with very specific characteristics. Whilst the average punter on the street may have a tough time filtering through the 1700-odd companies listed on the ASX to find Mr Buffett’s top picks, in just a few clicks Skaffold members can come up with a list of stocks that would make Mr Buffett proud.
Here is the filter criteria we think Mr Buffett would use to find outstanding investments in Australia if he used Skaffold.
Friday, January 23, 2015
Much like online shopping, the fine art of stock filtering is all about screening against a myriad of personal factors to find your perfect fit. But beware, if the stock doesn’t fit you won’t be able to return it for a refund.
For investors chasing growht stocks, ss useful as historical and current metrics are at identifying a company’s past performance, they won’t indicate what will happen in the future. That’s why stock-picking outfit, Skaffold, overlays historical and current filters with forecast metrics designed to try and predict future performance.
Friday, August 30, 2013
At the start of August 33 top stocks were rated A1 by Skaffold, and another 94 were rated A2. Fast forward to close of trade on 28 August and 30 companies achieved Skaffold’s premium A1 Score for balance sheet quality and business performance. 80 stocks are rated A2.
Running a quick filter in Skaffold for A1 top stocks, then switching to the Table View to find those forecast to increase in value over the next few years, 21 A1 stocks remain. After a closer look to determine which companies have updated in Skaffold based upon their latest financial results, we are left with 13.
Of the 80 stocks rated A2, Skaffold forecasts positive growth for 53.
Monday, August 26, 2013
Is a trend appearing amongst casino and entertainment stocks?
Over the weekend full year results for Echo Entertainment Group (EGP), Tatts Group (TTS) and Crown Limited (CWN) flowed through Skaffold. Echo’s Skaffold Score improved from B3 (based on the company’s interim results) to B2. B2 is one of Skaffold’s preferred scores. Tatts Group (TTS) rose from C4 to B3 and Crown’s improving business performance lifted its Skaffold Score from A4 to A3.
TTS and EGP are trading at premiums of more than 60% to Skaffold’s 2014 intrinsic value estimates. CWN is trading at a 40% premium. Whilst the intrinsic value of all three businesses is forecast to rise at an impressive rate over the next two years, looking at the Skaffold Line chart of each stock it appears the market has already factored in this future growth.
What’s driving the improving performance of gambling-related stocks? Is the increasing accessibility of internet gambling driving this trend. And what does this mean for the wider community?
Tuesday, July 16, 2013
As an astute share investor you should always be on the hunt for great ‘value-plays’ or quality stocks trading at a discount to their intrinsic value. But if you don’t keep an eye on a stock’s underlying business, and where the profits are coming from, what you thought was a buying opportunity could turn out to be an accident waiting to happen.
Commonly referred as ‘value-traps’, these are stocks that you may have bought into when they appeared to be cheap based on (low) multiples of earnings, cash flow or book value and trading at a bright green positive safety margin. However, if after an extended time period the stock never improves, there’s a strong likelihood that you’ve fallen into a value trap that needs to be dealt with before it gets any worse.
Friday, July 12, 2013
August reporting season is the busiest time of year for stock market investors. More than 60% of ASX-listed companies will release their full year results in August, with the smaller mining stocks reporting by 13 September 2013.
Skaffold’s reporting season calendar is now live and will be updated daily over the next few months. The calendar lists the most popular ASX-listed companies and their expected report date. Click here to view the calendar now.
Tuesday, July 02, 2013
Overnight safety margins for more than 60% of ASX-listed companies updated. Why? For companies with a 30 June report date, Skaffold calculated the safety margin based on the 2013 intrinsic value forecast. Last night, as we moved into the 2014 financial year, the safety margin calculation switched over to the 2014 forecast intrinsic value estimate.
As at 28 June 2013 close of trade, 127 companies were trading at a discount to Skaffold’s intrinsic value estimate. Today 134 companies are trading at a discount. Of those, 96 are covered by analysts.
Wednesday, June 26, 2013
The end of financial year (and lead up to reporting seasons) is an opportune time to check the stocks in your portfolio, run your Skaffold filters and review the stocks on your watch lists.
What are the warnings signs a potential time bomb is ticking inside your portfolio? And what signals will help you find stocks that may be standouts this reporting season?
Tuesday, February 26, 2013
Over the weekend more than 70 companies updated in Skaffold. The number of A1-rated companies fell to 39, and A2-rated companies to 81 companies.
Companies to update based on their recent interim or full year results include include Breville Group (BRG), mining services business Sedgman (SDM), for casino operators Crown Group (CWN) and Echo Entertainment Group (EGP), BHP Billition (BHP), Fortescue Metals Group (FMG), Iluka Resources (ILU), Cabcharge (CAB), Fleetwood (FWD), Fantastic Holdings (FAN), Village Roadshow (VRL), Adelaide Brighton (ABC), Alumina (AWC), Goodman Group (GMG), APN News and Media (APN), Tatts Group (TTS), Infomedia (IFM), Data#3 (DTL), Ausenco (AAX), Magellan Financial Group (MFG), Insurance Australia Group (IAG), AMP Limited (AMP), Seven West Media (SWM), iiNet (IIN), Macquarie Radio Network (MRN), Fairfax Media (FXJ), Envestra (ENV), Brambles (BXB), Chandler Macleod Group (CMG), Austin Engineering (ANG), Codan (CDA), The Reject Shop (TRS) and NRW Holdings (NWH), Platinum Asset Management (PTM), Mermaid Marine (MRM), Australian Share Registry (ASW), Super Retail Group (SUL), Amalgamated Holdings (AHC), TCT Tomlinson (RCR), Servcorp (SRV), SEEK (SEK), ASX Limited (ASX) and Origin Energy (ORG).
Monday, August 27, 2012
Despite popular belief, there aren’t many companies worthy of buying and putting in your bottom drawer. Businesses are dynamic. Economic environments impact business models, consumer sentiment changes and businesses that fail to adapt can be left behind. Setting aside chronic poor performers, when then should you sell? At Skaffold, we advocate five reasons.