IAG Announces FY26 Results
| Stock | Insurance Australia Group Ltd (IAG.ASX) |
|---|---|
| Release Time | 13 Aug 2026, 7:41 a.m. |
| Price Sensitive | Yes |
IAG Announces FY26 Results
- FY26 Net Profit After Tax: $1,022m (down from $1,359m FY25)
- Full Year Dividend: 32cps (up from 31.0cps FY25)
- Strong growth in Australian Retail GWP: 17.8%
- Underlying Insurance Profit: $1,578m (up from $1,542m FY25)
IAG's FY26 results reflect strategic execution and evolution, including the RACQ Insurance acquisition and the launch of Ambition 2030. Net Profit After Tax was $1,022m, down from $1,359m in FY25, due to elevated natural peril costs. The full-year dividend increased to 32cps, up from 31.0cps in FY25. Australian Retail GWP grew by 17.8% to $10,308m, while New Zealand's GWP decreased by 8.0% to $3,504m, impacted by currency fluctuations. The underlying insurance profit was $1,578m, up from $1,542m in FY25.
FY27 outlook with Gross Written Premium Growth: 5% to 8%, Reported Insurance Margin: 14.5% to 16.5%
IAG is well-positioned for growth, aiming to achieve more than 11 million customers and over $25 billion in premiums while maintaining industry-leading customer advocacy outcomes.