The report covers IAG's 2022 operating performance, including reports from the Chairman and the Managing Director and CEO. It also includes information on how IAG creates value for its stakeholders, the material topics they address and the outcomes achieved for key stakeholders. The report highlights the company's strong gross written premium growth of 5.7% to $13,317 million, despite challenging external environments including a high number of natural peril events, volatile investment markets and a higher inflationary environment. IAG's underlying insurance margin of 14.6% better reflects the strength and performance of the business. The report also highlights the company's commitment to climate change, disaster resilience, and its efforts to build stronger communities and support Indigenous Australians and Māori.
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Insurance Australia Group Ltd (IAG) 2022 Annual Review and Sustainability Report
Issuing Company Insurance Australia Group Ltd. (IAG)
Report Type Integrated Report
Report Language EN
Report Filesize 3.31 MB
No. of Pages 36 pages
Reporting periodJuly 1, 2021-June 30, 2022
Report EditionUnknown
Assurance Provider KPMG
Reporting Standards GRI; SASB; UNSDGs
Materiality Assessmenttrue