Insurance Australia Group Limited (IAG) is a multinational insurance company headquartered in Sydney, Australia.
IAG was formed by the demutualisation of the NRMA Insurance business in July 2000 and a return of shares to the members of NRMA. According to its website, NRMA Insurance Group Limited changed its name to Insurance Australia Group Limited on 15 January 2002. IAG is the name of the listed entity; it is not a customer-facing brand, however it represents the umbrella organization that holds many well known insurance brands.
IAG is listed on the Australian Securities Exchange and is a constituent of the S&P/ASX 50 index.
Traded as: ASX: IAG
Industry: Insurance
Founded: 2000 (renamed from NRMA Insurance Group in 2002)
Headquarters: Level 13, Tower Two, Darling Park, 201 Sussex Street, Sydney NSW 2000
Products: General, commercial, vehicle, home and contents insurance,
Subsidiaries:
- NRMA Insurance,
- CGU Insurance,
- SGIO,
- SGIC,
- Swann Insurance,
- NZI,
- AMI,
- NZI Thailand,
- Safety Insurance,
- AmAssurance,
- Lumley Insurance,
- WFI
Website: www.iag.com.au
