Insurance Australia Group
Insurance Australia Group
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legal form | Corporation |
ISIN | AU000000IAG3 |
founding | 2000 |
Seat | Sydney , Australia |
management | Brian Schwartz, Michael Wilkins ( CEO ) |
Number of employees | 12,700 (2010) |
sales | AU $ 9.5 billion (2012/13) |
Branch | Insurance |
Website | www.iag.com.au |
Insurance Australia Group ( IAG ) is an Australian company headquartered in Sydney . The company is listed in the S & P / ASX 50 share index.
Insurance Australia Group was formed in 2000 from the spin-off of part of the Australian company NRMA . The company offers various types of insurance to its clients mainly in Australia, New Zealand and Southeast Asia.
Business areas, investments
The company offers various types of insurance to its clients mainly in Australia, New Zealand and Southeast Asia.
Australia
- NRMA Insurance
- SGIO , acquired in 1998
- SGIC , acquired in 1998
- CGU Insurance , acquired in 2003
- Swann Insurance, acquired in 2003
- The Buzz, founded in 2009
IAG owns 70% of the shares in Insurance Manufacturers of Australia Limited and the other 30% is held by RACV , which is held by RACV Insurance, which is branded RACV.
New Zealand
- State Insurance , acquired in 2001
- NZI (Insurance NZ) , acquired in 2003
- NAC
- Mike Henry Travel
- Driveright
- Lantern
- Swann Insurance
Great Britain
- Equity Insurance Group , acquired in 2006
Asia
- Safety Insurance, Thailand , has owned since 1998 and now holds 96% voting rights
- NZI Thailand, acquired in 2003
- AmAssurance, Malaysia , AmG Insurance holds 49% of the shares, which is part of AmAssurance
China
In China, Insurance Australia Group owns the China Automobile Association (CAA), the country's largest road insurance company. IAG has held shares in CAA since 1999 and took over full ownership in 2003.
Web links
Individual evidence
- ↑ Company Profile , www.answers.com, accessed on May 21, 2014.
- ↑ Annual Report 2012/13 ( Memento of the original dated April 11, 2014 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. (English), iag.com.au, accessed on May 21, 2014.