IAG FY26 NPAT drops 24.8% to $1.02 billion; GWP rises 7.6% to $18.41 billion

Reuters2026/08/12 22:09

By:Reuters

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IAG posted FY26 net profit after tax of $1.02 billion, down 24.8% from FY25.
Pre-tax insurance profit fell 11% to $1.55 billion, on higher natural perils versus a year earlier.
Gross written premium climbed 7.6% to $18.41 billion, with Australian Retail up 17.8% to $10.31 billion including $1.27 billion from RACQ Insurance.
Final dividend rose to 20.0 cents per share, taking the full-year payout to 32.0 cents per share.
CEO Nick Hawkins said IAG handled 65 severe weather events in Australia, paying more than $12.4 billion in claims, and highlighted a new OpenAI partnership.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IAG - Insurance Australia Group Limited published the original content used to generate this news brief on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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IAG FY26 NPAT drops 24.8% to $1.02 billion; GWP rises 7.6% to $18.41 billion

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