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INSURANCE AUSTRALIA GROUP LIMITED (IAG)

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ASX, Legal & CGT Status

Former (or subsequent) names

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Our website ranking of IAG: rating 5
(5 out of 5)
COMPANY WEBSITE:

 

REGISTRY:

Computershare Sydney
6 Hope St Ermington NSW 2115
Tel : +61 (0)3 9415 4000 or 1300 850 505 (within Australia)
Fax : +61 2 8235 8150
RegistryWebsite RegistryEmail

Company details

ISIN: AU000000IAG3
Address: Level 9, Tower Two 201 Sussex Street Sydney, NSW 2000
Tel:  (02) 9292 9222Fax: (02) 9292 8072

Date first listed: 08/08/2000

Sector: Insurance Industry Group: XFJ
Activities: General insurance group owning insurance brands including NRMA Insurance, GIO, SGIC, CGU and Swann Insurance in Australia, and State Insurance and NZI in New Zealand - authorised by APRA under section 18 of the Insurance Act 1973 (current as of October 2011)

News & Events

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The IAG Capital Notes 1 of Insurance Australia Group Limited will be suspended from quotation at the close of trading today, Monday, 5 June 2023 under Listing Rule 17.2, in anticipation of their redemption on 15 June 2023. Security class code IAGPD The suspension only applies to the IAG Capital Notes 1 and does not apply to any other quoted securities of IAG.

05/06/2023

many shareholders in this company have unclaimed money due to them - deListed provides a tracing service for a small administration fee that identifies where people can find unclaimed monies arising from compulsory acquisitions and also from dividend distributions, super contributions, inoperative bank, building society or credit union accounts, bequests and other sources - please click here for access to our Lost shares, Lost money?? service

31/03/2022

we understand that on or about this date the company made a capital return of 19.5 cents per share

26/11/2018

The convertible preference shares ("CPS") of Insurance Australia Group Limited will be suspended from quotation from the close of trading today, Friday 7 April 2017, in connection with the Company's buy-back of all remaining CPS on 1 May 2017, and in accordance with the timetable announced on 5 April 2017. All other quoted securities of the Company will NOT be suspended.

07/04/2017

The 5.63% reset convertible preference shares ("RPS") of Insurance Australia Group Limited (the "Company") will be suspended from quotation immediately in connection with the Company" buy-back of all remaining RPS on 15 June 2012, and in accordance with the timetable announced on 27 March 2012. Security Code: IAGPA All other quoted securities of the Company will NOT be suspended

24/05/2012

IAG's Malaysian joint venture AmG Insurance has entered into an agreement to acquire key rival Kurnia Insurans for $480 million.

16/04/2012

we understand that on or about this date the company undertook, proposed to undertake or was the subject of the following corporate action: - declares special dividend of 12.5c per ordinary share - this corporate event may appear elsewhere in this company record

12/04/2006

in May 2004, IAG announced a share buy-back - shareholders who took part in the buy-back received $4.40 per share, which included a fully franked dividend of $2.62 per share - the date the shares were sold under the buy-back was 21 June 2004 - for capital gains tax purposes, they are taken to have received $2.16 per share - if the capital proceeds of $2.16 were more than the cost base of the share, the difference was a capital gain in 2003-04 - if $2.16 was less than the share's reduced cost base, the difference was a capital loss

21/06/2004

offers opened on 4 November 2002 for shareholders to purchase shares from IAG for $2.40 per share free of brokerage and transaction costs - according to the Australian Tax Office there are no CGT consequences at the time of purchase - however, there are taxation consequences in relation to owning and disposing of the shares purchased

04/11/2002

name changed from NRMA Insurance Group Limited

18/01/2002

 

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    Click here for free access to this company's:
    ASX, Legal & CGT Status

    Directors' on-market share transactions (last 5)

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    Purchases Sales

    DATEDIRECTORNUMBERPRICEAMOUNT
    04/09/2024George Sartorel5,000$7.689$38,446
    04/09/2023Wendy Thorpe2,500$5.830$14,575
    30/08/2022George Sartorel10,000$4.646$46,456
    25/08/2022Scott Pickering5,000$4.547$22,735
    15/08/2022Simon Allen30,000$4.533$135,977

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Thomas PockettChairman01/01/2015
    Nicholas HawkinsManaging Director, CEO01/07/2008
    Neil MorganCOO10/03/2021
    William McDonnellCFO11/12/2023
    Simon AllenIndependent Director12/11/2019
    Helen NugentIndependent Director23/12/2016
    Wendy ThorpeIndependent Director01/07/2023
    Michelle TredenickIndependent Director13/03/2018
    George SavvidesIndependent Director12/06/2019
    George SartorelNon Exec Director01/09/2021
    Scott PickeringNon Exec Director01/11/2021
    David ArmstrongNon Exec Director01/09/2021
    Andrew CollingsCompany Secretary
    Penelope MacRaeCompany Secretary10/02/2025

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION
    Jane BowdCompany Secretary28/11/2024
    Jonathan NicholsonIndependent Director, Non Exec Director01/09/201509/10/2024
    Michelle McPhersonCFO08/04/202031/12/2023
    Sheila McGregorIndependent Director13/03/201821/10/2022
    Elizabeth BryanChairman05/12/201422/10/2021
    Duncan BoyleIndependent Director23/12/201622/10/2021
    Peter HarmerManaging Director, CEO16/11/201501/11/2020
    Hugh FletcherIndependent Director01/09/200727/10/2019
    Philip TwymanIndependent Director09/07/200828/10/2018
    Alison DeansIndependent Director01/02/201320/10/2017
    Raymond LimIndependent Director01/02/201322/02/2017
    Brian SchwartzNon Exec Chairman, Independent Director01/01/200531/03/2016
    Michael WilkinsManaging Director, CEO26/11/200731/03/2016
    Yasmin AllenIndependent Director10/11/200430/09/2015
    Peter BushIndependent Director07/12/201001/01/2015
    Nora ScheinkestelIndependent Director01/07/201316/09/2014
    Anna HynesNon Exec Director01/09/200701/02/2013
    Phillip ColebatchNon Exec Director01/01/200731/08/2012
    James StrongNon Exec Chairman02/08/200126/08/2010
    Rowan RossNon Exec Director25/07/200031/08/2008
    Neil HamiltonNon Exec Director19/06/200031/08/2008
    Michael HawkerCEO01/12/200126/05/2008
    John AstburyNon Exec Director25/07/200031/08/2007
    Geoffrey CousinsNon Exec Director25/07/200031/08/2007
    Anne KeatingNon Exec Director19/06/200010/11/2004
    Dominique FisherNon Exec Director19/06/200010/11/2004
    Mary EassonNon Exec Director19/06/200001/09/2003
    Maree CallaghanExecutive Director19/06/200001/09/2003
    Gayne MorstynCompany Secretary, General Counsel02/07/2002
    Ian StanwellNon Exec Director25/07/200028/03/2002

    Date of first appointment, title may have changed.