What is Insurance Australia Group Ltd ADR?
Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand.
The story behind the price, the case for and against, and what could go wrong. Open a part to read it.
Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand. The company's short-tail insurance products include motor vehicle; home and contents; lifestyle and leisure, including boat, veteran and classic car, and caravan; business packages; farm; commercial motor; commercial property; fleet motor; construction and engineering; rural; marine; and niche insurance, such as pleasure craft, boat, and caravan. The company is listed on the PINK in USA, operating in the Financial Services sector, with a market capitalisation of 11.85B, and a P/E ratio of 15.5x.
A short list of Insurance - Property & Casualty names that are close enough in size to make side-by-side comparison useful.