|Insurance Australia Group Limited -- USA Stock|| |
USD 5.6 0.00 0.00%
CEO - Australia Direct
Mr. Andy Cornish was resigned as Chief Operating Officer of the Company. effective June 2016 . He has more than 30 years of experience in the general insurance industry. Previously he held several Managing Director roles over more than nine years with the second general insurer in the UK RBS Insurance which is part of the Royal Bank of Scotland Group. These roles included Managing Director of each of the Commercial International and Group Insurance Services divisions. Prior to joining RBS Insurance in 1999 he was CEO of motoring organisation Green Flag Group Ltd and previously he was with Zurich Insurance where he advised on direct general insurance market entry strategies. Between 19761992 he held roles with Eagle Star Insurance Co Ltd.
CEO Since 2015
61 2 9292 9222 http://www.iag.com.au
The company has return on total asset (ROA)
of 2.96 %
which means that it generated profit of $2.96 on every $100 spent on asset. This is way below average. Similarly, it shows return on equity (ROE)
of 14.37 %
meaning that it generated $14.37 on every $100 dollars invested by stockholders.
The company has accumulated 1.28 B in total debt with debt to equity ratio (D/E) of 23.1 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Insurance Australia Group Limited has Current Ratio of 0.77 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
Insurance Australia Group Limited underwrites general insurance products. Insurance Australia Group Limited (IAUGF) is traded on OTC Market in USA. It is located in Sydney, NSW and employs 13,650 people.