Insurance Australia Group Limited

ASX:IAG Stock Report

Market Cap: AU$18.5b

Insurance Australia Group Management

Management criteria checks 4/4

Insurance Australia Group's CEO is Nick Hawkins, appointed in Nov 2020, has a tenure of 5.08 years. total yearly compensation is A$5.86M, comprised of 31.4% salary and 68.6% bonuses, including company stock and options. directly owns 0.036% of the company’s shares, worth A$6.73M. The average tenure of the management team and the board of directors is 3.6 years and 5.6 years respectively.

Key information

Nick Hawkins

Chief executive officer

AU$5.9m

Total compensation

CEO salary percentage31.44%
CEO tenure5.1yrs
CEO ownership0.04%
Management average tenure3.6yrs
Board average tenure5.6yrs

Recent management updates

Recent updates

Insurance Australia Group Limited's (ASX:IAG) Prospects Need A Boost To Lift Shares

Dec 08
Insurance Australia Group Limited's (ASX:IAG) Prospects Need A Boost To Lift Shares

Here's Why We Think Insurance Australia Group (ASX:IAG) Is Well Worth Watching

Sep 15
Here's Why We Think Insurance Australia Group (ASX:IAG) Is Well Worth Watching

Subdued Growth No Barrier To Insurance Australia Group Limited's (ASX:IAG) Price

Jun 11
Subdued Growth No Barrier To Insurance Australia Group Limited's (ASX:IAG) Price

Here's Why We Think Insurance Australia Group (ASX:IAG) Might Deserve Your Attention Today

May 21
Here's Why We Think Insurance Australia Group (ASX:IAG) Might Deserve Your Attention Today

Insufficient Growth At Insurance Australia Group Limited (ASX:IAG) Hampers Share Price

Mar 13
Insufficient Growth At Insurance Australia Group Limited (ASX:IAG) Hampers Share Price
User avatar

Implementing The Enterprise Platform And New Technologies Will Streamline Operations And Boost Efficiency

Investment in new technology and the Enterprise Platform may improve operations, enhance customer experience, and lead to higher future net margins.

Should You Be Adding Insurance Australia Group (ASX:IAG) To Your Watchlist Today?

Jan 15
Should You Be Adding Insurance Australia Group (ASX:IAG) To Your Watchlist Today?

CEO Compensation Analysis

How has Nick Hawkins's remuneration changed compared to Insurance Australia Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025AU$6mAU$2m

AU$1b

Mar 31 2025n/an/a

AU$1b

Dec 31 2024n/an/a

AU$1b

Sep 30 2024n/an/a

AU$1b

Jun 30 2024AU$5mAU$2m

AU$898m

Mar 31 2024n/an/a

AU$821m

Dec 31 2023n/an/a

AU$743m

Sep 30 2023n/an/a

AU$784m

Jun 30 2023AU$3mAU$2m

AU$825m

Mar 31 2023n/an/a

AU$745m

Dec 31 2022n/an/a

AU$664m

Sep 30 2022n/an/a

AU$506m

Jun 30 2022AU$3mAU$2m

AU$347m

Mar 31 2022n/an/a

AU$281m

Dec 31 2021n/an/a

AU$214m

Sep 30 2021n/an/a

-AU$100m

Jun 30 2021AU$3mAU$1m

-AU$414m

Mar 31 2021n/an/a

-AU$359m

Dec 31 2020n/an/a

-AU$304m

Sep 30 2020n/an/a

AU$68m

Jun 30 2020AU$2mAU$1m

AU$439m

Dec 31 2019n/an/a

AU$865m

Sep 30 2019n/an/a

AU$868m

Jun 30 2019AU$3mAU$1m

AU$871m

Compensation vs Market: Nick's total compensation ($USD3.90M) is about average for companies of similar size in the Australian market ($USD4.21M).

Compensation vs Earnings: Nick's compensation has been consistent with company performance over the past year.

CEO

Nick Hawkins (57 yo)

5.1yrs
Tenure
AU$5,862,000
Compensation

Mr. Nicholas B. Hawkins, also known as Nick, BCom, CA, FCA, was President of the Board at Insurance Council of Australia until December 31, 2024. He is Executive Director at IAG New Zealand Limited since N...

Leadership Team

NamePositionTenureCompensationOwnership
Nicholas Hawkins
MD, CEO & Executive Director5.1yrsAU$5.86m0.036%
A$ 6.7m
William Rufus McDonnell
Chief Financial Officer2yrsAU$2.26mno data
Neil Morgan
Chief Operating Officer4.8yrsAU$2.68m0.012%
A$ 2.3m
Robert Cutler
Group General Counsel1.7yrsAU$1.78mno data
Christine Stasi
Group Executive of People6.1yrsAU$2.46m0.0064%
A$ 1.2m
Julie Batch
Chief Executive Officer of Retail Insurance Australia2.2yrsAU$2.80m0.0076%
A$ 1.4m
Jarrod Hill
Chief Executive Officer of CGU & WFI4.3yrsAU$2.76m0.0075%
A$ 1.4m
Peter Taylor
Group Chief Risk Officer3.6yrsAU$2.32m0.0032%
A$ 588.2k
Amanda Wallace
Head of Corporate Communicationsno datano datano data
Darren O'Connell
Executive General Manager of Underwriting3.8yrsno datano data
Penelope MacRae
Group Company Secretaryless than a yearno datano data
Phillip Gibson
CEO of IAG New Zealandno datano datano data
3.6yrs
Average Tenure

Experienced Management: IAG's management team is considered experienced (3.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Nicholas Hawkins
MD, CEO & Executive Director5.1yrsAU$5.86m0.036%
A$ 6.7m
Helen Nugent
Independent Non-Executive Director9yrsAU$253.00k0.0016%
A$ 299.7k
George Savvides
Independent Non-Executive Director6.5yrsAU$256.00k0.0020%
A$ 368.1k
Simon Allen
Independent Non Executive Director6.1yrsAU$434.00k0.0021%
A$ 392.2k
Thomas Pockett
Independent Non-Executive Chairman10.9yrsAU$793.00k0.0049%
A$ 910.1k
Scott Pickering
Independent Non-Executive Director4.1yrsAU$354.00k0.0014%
A$ 260.8k
George Sartorel
Independent Non-Executive Director4.3yrsAU$276.00k0.0011%
A$ 196.1k
Michelle Tredenick
Independent Non-Executive Director7.8yrsAU$278.00k0.0016%
A$ 296.0k
JoAnne Stephenson
Independent Non-Executive Directorless than a yearAU$36.00k0.00042%
A$ 77.7k
Wendy Thorpe
Independent Non-Executive Director2.4yrsAU$275.00k0.0011%
A$ 196.1k
5.6yrs
Average Tenure
65.5yo
Average Age

Experienced Board: IAG's board of directors are considered experienced (5.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/15 00:59
End of Day Share Price 2025/12/15 00:00
Earnings2025/06/30
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Insurance Australia Group Limited is covered by 25 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew AdamsBarrenjoey Markets Pty Limited
Benjamin BrayshawBarrenjoey Markets Pty Limited
Freya KongBofA Global Research