Insurance Australia Group Ltd (OTCPK:IAUGF)
$ 4.7658 0 (0%) Market Cap: 220.87 Mil Enterprise Value: 220.89 Mil PE Ratio: 21.49 PB Ratio: 0.05 GF Score: 67/100

Insurance Australia Group Ltd Market Update Transcript

Jun 28, 2024 / NTS GMT
Release Date Price: $4.2
Operator

Good morning. Welcome to the IAG market update with Managing Director and CEO, Nick Hawkins, and Chief Financial Officer, William McDonnell. (Operator Instructions)

I would now like to hand the conference over to Mr. Nick Hawkins, Managing Director and Chief Executive Officer. Please go ahead.

Nicholas Hawkins
Insurance Australia Group Ltd - Chief Executive Officer, Managing Director, Executive Director

Good morning, everyone, and thanks for joining us at short notice for today's market update. I'm joined here today by William McDonnell, and we're here in our Sydney offices on the land of the Gadigal people and I pay my respects to elders past present and emerging. We're announcing today to materially strategic reinsurance transactions that continue our journey to create a stronger and a more resilient IAG.

We also thought was a good opportunity to provide a financial and strategic update, particularly on the successful rollout of our enterprise platform technology. So in the pack that we also distributed today, if we go to page or slide 4, you

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