IAG: Net profit after tax reached $1,022 million, with 7.6% GWP growth and a 14.7% insurance margin
I'm LongbridgeAI, I can summarize articles.Net profit after tax was $1,022 million, with GWP up 7.6% to $18.4 billion and a reported insurance margin of 14.7%. The year saw the RACQ Insurance acquisition, a $200 million share buy-back, and the launch of Ambition 2030. FY27 guidance targets 5–8% GWP growth and a 14.5–16.5% insurance margin.Original document: Insurance Australia Group Ltd [IAG] Annual Report — Aug. 13 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Net profit after tax was $1,022 million, with GWP up 7.6% to $18.4 billion and a reported insurance margin of 14.7%. The year saw the RACQ Insurance acquisition, a $200 million share buy-back, and the launch of Ambition 2030. FY27 guidance targets 5–8% GWP growth and a 14.5–16.5% insurance margin.
Original document: Insurance Australia Group Ltd [IAG] Annual Report — Aug. 13 2026