Insurance Australia Group Ltd (IAG) - Net Assets

Latest as of June 2026: AU$7.84 Billion AUD ≈ $5.55 Billion USD

Based on the latest financial reports, Insurance Australia Group Ltd (IAG) has net assets worth AU$7.84 Billion AUD (≈ $5.55 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$27.60 Billion ≈ $19.53 Billion USD) and total liabilities (AU$19.75 Billion ≈ $13.98 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how strategically is Insurance Australia Group Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$7.84 Billion
% of Total Assets	28.42%
Annual Growth Rate	0.43%
5-Year Change	20.68%
10-Year Change	11.88%
Growth Volatility	80.41

Insurance Australia Group Ltd - Net Assets Trend (1998–2026)

This chart illustrates how Insurance Australia Group Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see IAG market cap.

Annual Net Assets for Insurance Australia Group Ltd (1998–2026)

The table below shows the annual net assets of Insurance Australia Group Ltd from 1998 to 2026. Also explore IAG year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2026-06-30	AU$7.84 Billion ≈ $5.55 Billion	+0.74%
2025-06-30	AU$7.79 Billion ≈ $5.51 Billion	+9.40%
2024-06-30	AU$7.12 Billion ≈ $5.04 Billion	+0.96%
2023-06-30	AU$7.05 Billion ≈ $4.99 Billion	+8.45%
2022-06-30	AU$6.50 Billion ≈ $4.60 Billion	-0.85%
2021-06-30	AU$6.56 Billion ≈ $4.64 Billion	+3.18%
2020-06-30	AU$6.35 Billion ≈ $4.50 Billion	-5.31%
2019-06-30	AU$6.71 Billion ≈ $4.75 Billion	-6.55%
2018-06-30	AU$7.18 Billion ≈ $5.08 Billion	+2.41%
2017-06-30	AU$7.01 Billion ≈ $4.96 Billion	-0.30%
2016-06-30	AU$7.03 Billion ≈ $4.98 Billion	+0.20%
2015-06-30	AU$7.02 Billion ≈ $4.97 Billion	+3.30%
2014-06-30	AU$6.79 Billion ≈ $4.81 Billion	-70.76%
2013-06-30	AU$23.24 Billion ≈ $16.44 Billion	+413.68%
2012-06-30	AU$4.52 Billion ≈ $3.20 Billion	-1.22%
2011-06-30	AU$4.58 Billion ≈ $3.24 Billion	-1.63%
2010-06-30	AU$4.66 Billion ≈ $3.29 Billion	-3.72%
2009-06-30	AU$4.84 Billion ≈ $3.42 Billion	+11.15%
2008-06-30	AU$4.35 Billion ≈ $3.08 Billion	-9.95%
2007-06-30	AU$4.83 Billion ≈ $3.42 Billion	+31.63%
2006-06-30	AU$3.67 Billion ≈ $2.60 Billion	-17.32%
2005-06-30	AU$4.44 Billion ≈ $3.14 Billion	+5.11%
2004-06-30	AU$4.22 Billion ≈ $2.99 Billion	+4.22%
2003-06-30	AU$4.05 Billion ≈ $2.87 Billion	+36.05%
2002-06-30	AU$2.98 Billion ≈ $2.11 Billion	-12.07%
2001-06-30	AU$3.39 Billion ≈ $2.40 Billion	-2.76%
2000-06-30	AU$3.48 Billion ≈ $2.47 Billion	-66.32%
1999-06-30	AU$10.35 Billion ≈ $7.32 Billion	+48.65%
1998-06-30	AU$6.96 Billion ≈ $4.92 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Insurance Australia Group Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 77000000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2026)

Component	Amount	Percentage
Retained Earnings	AU$770.00 Million	10.65%
Common Stock	AU$6.60 Billion	91.25%
Other Comprehensive Income	AU$-82.00 Million	-1.13%
Total Equity	AU$7.23 Billion	100.00%

Insurance Australia Group Ltd Competitors by Market Cap

The table below lists competitors of Insurance Australia Group Ltd ranked by their market capitalization.

Company	Market Cap
CP ALL Public Company Limited BK:CPALL-R	$13.41 Billion
Uni-President Enterprises Corp TW:1216	$13.43 Billion
Grupo Bimbo S.A.B. de C.V MX:BIMBOA	$13.43 Billion
Fox Corp Class A NASDAQ:FOXA	$13.43 Billion
Tbea Co Ltd SHG:600089	$13.41 Billion
Trimble Inc NASDAQ:TRMB	$13.38 Billion
Korea Electric Power Corp KO:015760	$13.38 Billion
Argen-X LSE:0QW0	$13.37 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Insurance Australia Group Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 7,329,000,000 to 7,232,000,000, a change of -97,000,000 (-1.3%).
Net income of 1,022,000,000 contributed positively to equity growth.
Dividend payments of 733,000,000 reduced retained earnings.
Share repurchases of 262,000,000 reduced equity.
Other comprehensive income decreased equity by 175,000,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	AU$1.02 Billion	+14.13%
Dividends Paid	AU$733.00 Million	-10.14%
Share Repurchases	AU$262.00 Million	-3.62%
Other Comprehensive Income	AU$-175.00 Million	-2.42%
Other Changes	AU$51.00 Million	+0.71%
Total Change	AU$-	-1.32%

Book Value vs Market Value Analysis

This analysis compares Insurance Australia Group Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 2.79x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 5.02x to 2.79x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1998-06-30	AU$1.60	AU$8.01	x
1999-06-30	AU$1.96	AU$8.01	x
2000-06-30	AU$1.90	AU$8.01	x
2001-06-30	AU$1.82	AU$8.01	x
2002-06-30	AU$1.81	AU$8.01	x
2003-06-30	AU$2.40	AU$8.01	x
2004-06-30	AU$2.16	AU$8.01	x
2005-06-30	AU$2.48	AU$8.01	x
2006-06-30	AU$2.24	AU$8.01	x
2007-06-30	AU$2.82	AU$8.01	x
2008-06-30	AU$2.36	AU$8.01	x
2009-06-30	AU$2.45	AU$8.01	x
2010-06-30	AU$2.20	AU$8.01	x
2011-06-30	AU$2.17	AU$8.01	x
2012-06-30	AU$2.14	AU$8.01	x
2013-06-30	AU$2.25	AU$8.01	x
2014-06-30	AU$2.93	AU$8.01	x
2015-06-30	AU$2.92	AU$8.01	x
2016-06-30	AU$2.62	AU$8.01	x
2017-06-30	AU$2.63	AU$8.01	x
2018-06-30	AU$2.72	AU$8.01	x
2019-06-30	AU$2.54	AU$8.01	x
2020-06-30	AU$2.42	AU$8.01	x
2021-06-30	AU$2.61	AU$8.01	x
2022-06-30	AU$2.23	AU$8.01	x
2023-06-30	AU$2.34	AU$8.01	x
2024-06-30	AU$2.39	AU$8.01	x
2025-06-30	AU$3.10	AU$8.01	x
2026-06-30	AU$2.87	AU$8.01	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Insurance Australia Group Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 14.13%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.28%
• Asset Turnover: 0.70x
• Equity Multiplier: 3.82x
Recent ROE (14.13%) is above the historical average (6.73%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1998	-0.36%	0.00%	0.00x	3.30x	AU$-239.01 Million
1999	-0.81%	0.00%	0.00x	4.04x	AU$-306.28 Million
2000	-3.51%	-2.74%	0.30x	4.25x	AU$-385.38 Million
2001	-2.46%	-1.76%	0.28x	4.99x	AU$-314.30 Million
2002	2.34%	1.76%	0.29x	4.57x	AU$-189.60 Million
2003	-1.79%	-1.25%	0.31x	4.59x	AU$-421.50 Million
2004	-3.99%	-2.03%	0.43x	4.62x	AU$-494.80 Million
2005	-3.09%	-1.61%	0.43x	4.45x	AU$-504.50 Million
2006	21.74%	10.46%	0.43x	4.86x	AU$409.90 Million
2007	11.85%	6.96%	0.37x	4.64x	AU$86.00 Million
2008	-6.21%	-3.14%	0.43x	4.61x	AU$-681.40 Million
2009	3.87%	2.13%	0.44x	4.14x	AU$-286.10 Million
2010	2.03%	1.14%	0.39x	4.56x	AU$-357.60 Million
2011	5.66%	2.96%	0.37x	5.19x	AU$-191.70 Million
2012	4.77%	2.46%	0.33x	5.79x	AU$-227.30 Million
2013	16.22%	8.48%	0.37x	5.20x	AU$297.50 Million
2014	18.77%	12.64%	0.33x	4.52x	AU$576.20 Million
2015	10.68%	6.39%	0.36x	4.61x	AU$46.30 Million
2016	9.52%	6.89%	0.30x	4.58x	AU$-31.30 Million
2017	14.16%	9.40%	0.33x	4.51x	AU$272.80 Million
2018	14.20%	11.57%	0.27x	4.46x	AU$280.10 Million
2019	16.80%	13.98%	0.26x	4.60x	AU$435.60 Million
2020	7.16%	6.03%	0.24x	4.87x	AU$-172.70 Million
2021	-6.84%	-5.42%	0.24x	5.36x	AU$-1.05 Billion
2022	5.63%	4.58%	0.22x	5.54x	AU$-269.30 Million
2023	12.51%	203.42%	0.01x	5.27x	AU$167.00 Million
2024	13.48%	5.61%	0.62x	3.85x	AU$232.00 Million
2025	18.54%	9.21%	0.56x	3.59x	AU$626.10 Million
2026	14.13%	5.28%	0.70x	3.82x	AU$298.80 Million

Industry Comparison

This section compares Insurance Australia Group Ltd's net assets metrics with peer companies in the Insurance - Property & Casualty industry.

Industry Context

Industry: Insurance - Property & Casualty
Average net assets among peers: $8,901,500,831
Average return on equity (ROE) among peers: 11.95%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Insurance Australia Group Ltd (IAG)	AU$7.84 Billion	-0.36%	2.52x	$13.41 Billion
QBE Insurance Group Limited (QBE)	$8.93 Billion	6.58%	2.72x	$24.73 Billion
Suncorp Group Ltd (SUN)	$4.43 Billion	20.67%	11.94x	$14.48 Billion
Suncorp Group Ltd (SUNPH)	$13.35 Billion	8.60%	7.61x	$18.01 Billion

About Insurance Australia Group Ltd

AU:IAG Australia Insurance - Property & Casualty

Market Cap

$13.41 Billion

AU$18.95 Billion AUD

Market Cap Rank

#1786 Global

#36 in Australia

Share Price

AU$8.01

Change (1 day)

-1.11%

52-Week Range

AU$6.44 - AU$8.72

All Time High

AU$9.20