- Insurance Australia has maintained its full-year reported insurance margin forecast.
- The reported insurance margin is expected to be between 13.5% and 15.5%.
- The company anticipates gross written premium growth in the mid-to-high single digits for FY25.
- There were relatively low natural perils in the first quarter of the fiscal year.
- Insurance Australia is on track to meet its financial guidance for the year.
- Analyst recommendations for the company include 5 buying ratings, 5 holding ratings, and 1 selling rating.
- Comparisons to past results are based on the values reported in the company’s original disclosures.
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A look at Insurance Australia Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Insurance Australia Group Limited (IAG) maintains a solid long-term outlook based on its Smart Scores. With a strong focus on growth and momentum, scoring high in these areas, the company is poised for positive performance in the future. The Growth score of 5 reflects the company’s potential for expansion and development, while the Momentum score of 4 indicates its ability to sustain and build on its current success. Additionally, IAG scores moderately in Value, Dividend, and Resilience, further supporting its overall positive outlook.
As an Australian-based international general insurance group, IAG offers a variety of insurance products in Australia, New Zealand, and Asia. Its primary focus is on personal and commercial insurance, particularly in the motor vehicle and home insurance sectors. With a balanced scoring across different factors according to Smartkarma Smart Scores, IAG’s diversified operations and stable presence in multiple markets position it well to deliver sustained growth and value to its shareholders in the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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