ASX:IAG

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ASX:IAG

Earnings results weigh but ASX holds above 6,000: Aus shares 0.3% higher at noon

06 Feb 2019 - Market at Midday report. CBA (ASX:CBA) shares slip 2% on missing UBS est' but beat Citi's expectations. Insurance Australia Group (ASX:IAG) profit slips 9%, net earne…

Insurance Australia Group bolsters reinsurance for 2019

03 Jan 2019 - Insurance Australia Group (ASX:IAG) has finalised its catastrophe reinsurance program for the 2019 calendar year, increasing it by $1 billion to $9 billion.

ASX dives deeper into red on hail damage: Aus shares close 0.7% lower

21 Dec 2018 - Market Wrap ahead of Xmas. ASX hits new 2-yr lows. IAG (ASX:IAG) and Suncorp (ASX:SUN) end 4% lower on hail storm claims. Resolute Mining (ASX:RSG) hedges its gold bo…

Sydney hail storm claims roll in for Insurance Australia Group

21 Dec 2018 - Insurance Australia Group (ASX:IAG) says the scale of anticipated claims due to storms in Sydney yesterday already indicate they will be in line with their maximum fi…

Gains in Europe and Asia: ASX to open flat

21 Aug 2018 - Australian shares are set to open flat this morning as Wall St rose as investors held onto hopes for an ease in the US-China trade war. Tawana Resources (ASX:TAW) has…

Another day of solid gains : ASX closed 0.5% higher

15 Aug 2018 - It has been a positive day of trade for the ASX. Aveo (ASX:AGO) saw gains as did Afterpay (ASX:ATP) and Dominos Pizza (ASX:DMP). Mineral Resources (ASX:MIN) saw a 35…

Turkey crisis and results preview for today

15 Aug 2018 - Fund Manager, Chris Pedersen discusses latest from Turkey and previews results from Fairfax Media, Computershare, CSL, Insurance Australia, Wesfarmers and Woodside Pe…

IAG posts slight fall in net profit

15 Aug 2018 - IAG Insurance Australia (ASX:IAG) has reported its net profit after tax (NPAT) fell about 0.6 per cent on FY17 to $923 million for the 2018 financial year.

Mid Cap versus Large Cap

16 Jul 2018 - Shaw and Partners, Senior Investment Adviser Adam Dawes analyses Mid Cap versus Large Cap companies.

Chinese tariff rattles Asian markets: Aus shares close flat

19 Jun 2018 - Market Wrap. Miners copped the biggest selling today, with Mineral Resources (ASX:MIN) falling over 4% after being outbid in the takeover of Atlas Iron (ASX:AGO), whi…

IAG to sell Thai, Indonesian units for $525m

19 Jun 2018 - Insurance Australia Group (ASX:IAG) has entered into a sale agreement with Tokio Marine & Nichido Fire Insurance Co for IAG’s operations in Thailand and Indonesia.

Reversal Wednesday: Aus shares 0.3% lower at noon

11 Apr 2018 - Market at Midday: ASX reverses on Wednesday with utilities leading the drag. AWE (ASX:AWE) advised that Japanese company, Mitsui and Co now owns 76.8 per cent of all …

Bumpy ride: Aus shares close 0.22% lower

22 Mar 2018 - Market wrap report: Wild day of trade on Thursday. Miners and energy stocks gain, while other sectors drag ASX lower. Employment rate rises. Sigma Healthcare Limited …

Good news weighs: Aus shares flat at noon

22 Mar 2018 - Market at Midday: Miners and energy stocks are rising today after commodity prices spiked. The employment participation rate increased to 65.7 per cent, its highest s…

Reporting seasons doldrums: Aus shares 0.2% lower at noon

14 Feb 2018 - Market at Midday: The Australian share market quickly entered selling territory today on the back of weaker than expected company results, coupled with the fact that …

Muscling up: Aus shares close 0.9% higher

01 Feb 2018 - Market Wrap Report: stellar day of trade for the Australian share market with the consumer discretionary space shining as well as the banks, while we also saw the min…

Metals and miners market movers: Aus shares close 0.15% higher

03 Jan 2018 - Metals and miners market movers: Aus shares close 0.15% higher. Pacific Star Network Limited (ASX:PNW)enters into a trading halt this afternoon, pending news of a pro…

IAG sets catastrophe reinsurance to $8 billion for 2018

03 Jan 2018 - Insurance Australia Group (IAG) (ASX:IAG) has finalised its catastrophe reinsurance program for the 2018 calendar year, setting this year’s cover for losses to up to …

Just shy of 6,000: Aus shares close 0.28% higher

08 Dec 2017 - Market Wrap: Positive day of trade today, ASX200 0.3 per cent higher on Friday, 5 points up on week. Fairfax (ASX:FXJ) saw the most steam closing 5.7 per cent higher,…

IAG joins forces with reinsurers to bolster capital

08 Dec 2017 - General insurance company, IAG (ASX:IAG) inked agreements with three reinsurers to quota share a combined 12.5 per cent of its consolidated business as of 1 January 2…

US Fed unwinding flows to ASX: Aus shares 0.8% lower noon

21 Sep 2017 - Markets at Midday: US Fed to hike rates, Aus shares 0.8% lower noon. Materials fall after Iron Ore price drops again. Energy musters up. GPT (ASX:GPT) has raised US$3…

IAG’s Non-Exec Director Alison Deans retires

05 Sep 2017 - Insurance Australia Group (ASX:IAG) has announced non-executive director Alison Deans will retire from the company’s board.

Heavyweight results pressure market: Aus shares close 0.23% lower

23 Aug 2017 - Heavyweight results pressure market: Aus shares close 0.23% lower. Bapcor (ASX:BAP) reported a 47 per cent rise in its net profit after tax on FY16 to $63.8 million i…

IAG profit up almost 50 per cent

23 Aug 2017 - Insurance Australia Group (ASX:IAG) reported its net profit increased by about 49 per cent to $929 million for the 2017 financial year, thanks to better than expected…

Solid finish: Aus shares close 0.79% higher

19 Jul 2017 - Solid finish: Aus shares close 0.79% higher. Orocobre Limited (ASX:ORE) has released its production results for the June quarter, saying production at Olaroz came in …