Summary TAL Dai-ichi Life Australia Pty Ltd - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights TAL Dai-ichi Life Australia Pty Ltd (TAL) a subsidiary of Dai-ichi Life Holdings, Inc, is a life insurance specialist. The company offers a diverse range of life insurance, total per...
A director at Insurance Australia Group Limited bought 10,000 shares at 4.646AUD and the significance rating of the trade was 69/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the las...
INSURANCE AUS.GROUP (AU), a company active in the Property & Casualty Insurance industry, loses a star(s) at the fundamental level and sees its general evaluation downgraded. The independent financial analyst theScreener just removed a fundamental star(s) for a 3 over 4-star rating. As such, market behaviour remains unchanged and is evaluated as moderately risky. theScreener believes that the loss of a star(s) merits downgrade to the general evaluation of the title, which passes to Neutral. As o...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
We like the outlook for a rebound in earnings for no-moat general insurer, Insurance Australia Group, in fiscal 2020 due to modest growth in gross written premium, or GWP, productivity savings and tightly managed claims costs. Insurance Australia Group benefits from large scale in a mature market dominated by four large competitors controlling over 80% of the Australian market. Rational pricing and an oligopoly structure underpin insurance margins and earnings. Following our post result manageme...
We like the outlook for a rebound in earnings for no-moat general insurer, Insurance Australia Group, in fiscal 2020 due to modest growth in gross written premium, or GWP, productivity savings and tightly managed claims costs. Insurance Australia Group benefits from large scale in a mature market dominated by four large competitors controlling over 80% of the Australian market. Rational pricing and an oligopoly structure underpin insurance margins and earnings. Following our post result manageme...
We like the outlook for a rebound in earnings for no-moat general insurer, Insurance Australia Group, in fiscal 2020 due to modest growth in gross written premium, or GWP, productivity savings and tightly managed claims costs. Insurance Australia Group benefits from large scale in a mature market dominated by four large competitors controlling over 80% of the Australian market. Rational pricing and an oligopoly structure underpin insurance margins and earnings. Following our post result manageme...
As expected, no-moat-rated Insurance Australia Group's first-half fiscal 2019 performance was heavily affected by severe hail storms in December 2018, reducing the reported insurance margin to 13.7%. Despite the increase in natural hazard costs for fiscal 2019, our positive view is intact with the firm supported by a strong capital base, robust long-term profitability, and a positive business outlook. Despite the sharp increase in natural peril costs, we like the underlying performance and make ...
Insurance Australia Group is one of the two largest domestic general insurers operating in Australia and New Zealand. Despite heritage brands and high market shares, its products are commoditised and sustainable competitive advantages are elusive, hence the pressure from competition on revenue and margins. The firm exited its U.K. business several years ago to focus on its core business in Australia and New Zealand. The insurance market is mature, with cyclical, price-competitive, premium rates....
As expected, no-moat-rated Insurance Australia Group's first-half fiscal 2019 performance was heavily affected by severe hail storms in December 2018, reducing the reported insurance margin to 13.7%. Despite the increase in natural hazard costs for fiscal 2019, our positive view is intact with the firm supported by a strong capital base, robust long-term profitability, and a positive business outlook. Despite the sharp increase in natural peril costs, we like the underlying performance and make ...
No-moat Insurance Australia Group’s catastrophe reinsurance program for calendar 2019 is in place and is broadly in line with 2018. Gross reinsurance protection increases to AUD 9 billion from AUD 8 billion to provide additional cover above internally modeled exposures. There is no change to the first event retention of gross AUD 250 million, or AUD 169 million post quota share. The maximum retention of a second event increases to gross AUD 175 million, or net AUD 118 million, for calendar 201...
No-moat Insurance Australia Group’s catastrophe reinsurance program for calendar 2019 is in place and is broadly in line with 2018. Gross reinsurance protection increases to AUD 9 billion from AUD 8 billion to provide additional cover above internally modeled exposures. There is no change to the first event retention of gross AUD 250 million, or AUD 169 million post quota share. The maximum retention of a second event increases to gross AUD 175 million, or net AUD 118 million, for calendar 201...
No-moat Insurance Australia Group’s catastrophe reinsurance program for calendar 2019 is in place and is broadly in line with 2018. Gross reinsurance protection increases to AUD 9 billion from AUD 8 billion to provide additional cover above internally modeled exposures. There is no change to the first event retention of gross AUD 250 million, or AUD 169 million post quota share. The maximum retention of a second event increases to gross AUD 175 million, or net AUD 118 million, for calendar 201...
No-moat Insurance Australia Group’s catastrophe reinsurance program for calendar 2019 is in place and is broadly in line with 2018. Gross reinsurance protection increases to AUD 9 billion from AUD 8 billion to provide additional cover above internally modeled exposures. There is no change to the first event retention of gross AUD 250 million, or AUD 169 million post quota share. The maximum retention of a second event increases to gross AUD 175 million, or net AUD 118 million, for calendar 201...
No-moat-rated Insurance Australia Group’s natural hazard update following the Sydney hail storm on Dec. 20, 2018 indicates a pre tax cost will be in line with the insurer’s maximum first event retention of AUD 169 million post-quota share. By 10am on Dec. 21, IAG had received more than 6,500 claims and this number is expected to increase significantly during the next few days. Most claims relate to home and motor vehicle damage. Fiscal 2019 year-to-date natural peril claim costs currently to...
Insurance Australia Group is one of the two largest domestic general insurers operating in Australia and New Zealand. Despite heritage brands and high market shares, its products are commoditised and sustainable competitive advantages are elusive, hence the pressure from competition on revenue and margins. The firm exited its U.K. business several years ago to focus on its core business in Australia and New Zealand. The insurance market is mature, with cyclical, price-competitive, premium rates....
No-moat-rated Insurance Australia Group’s natural hazard update following the Sydney hail storm on Dec. 20, 2018 indicates a pre tax cost will be in line with the insurer’s maximum first event retention of AUD 169 million post-quota share. By 10am on Dec. 21, IAG had received more than 6,500 claims and this number is expected to increase significantly during the next few days. Most claims relate to home and motor vehicle damage. Fiscal 2019 year-to-date natural peril claim costs currently to...
We recommend that no-moat Insurance Australia Group shareholders vote in favour of the proposed capital management initiative announced with fiscal 2018 results on Aug. 15, as long as the decision aligns with individual investment goals. The vote will take place at the annual general meeting on Oct. 26. Surplus capital, strong profitability, and a positive business outlook enabled the board to propose the payment of AUD 25 cents per share, or cps. Equity capital is well above internal targets an...
We recommend that no-moat Insurance Australia Group shareholders vote in favour of the proposed capital management initiative announced with fiscal 2018 results on Aug. 15, as long as the decision aligns with individual investment goals. The vote will take place at the annual general meeting on Oct. 26. Surplus capital, strong profitability, and a positive business outlook enabled the board to propose the payment of AUD 25 cents per share, or cps. Equity capital is well above internal targets an...
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