SHAREHOLDER
INFORMATION

  Key Dates
 
2015 financial year end
30 June 2015
Full year results and dividend announcement
21 August 2015
Notice of meeting mailed to shareholders
7 September 2015
Final dividend for ordinary shares
 
Record date
9 September 2015
Payment date
7 October 2015
Annual general meeting
21 October 2015
Half year end
31 December 2015
Half year results and dividend announcement
18 February 2016*
Interim dividend for ordinary shares
 
Record date
2 March 2016*
Payment date
30 March 2016*
2016 financial year end
30 June 2016
Full year results and dividend announcement
19 August 2016*

* Please note: dates are subject to change. Any changes will be published via a notice to the Australian Securities Exchange (ASX)

2015 annual general meeting

IAG’s 2015 annual general meeting will be held on Wednesday, 21 October 2015, at the City Recital Hall, Angel Place, Sydney, commencing at 10.00am. Details of the meeting, including information about how to vote, will be contained in our notice of meeting, which will be mailed to shareholders, and available on this site, from Monday, 7 September 2015.

2015 annual report suite

This annual review contains a summary of the 2015 financial year performance of Insurance Australia Group Limited (IAG, or the Group). Unless otherwise indicated, references to 2015, 2014 and 2013 in graphs and copy throughout this review refer to IAG’s financial years ending 30 June 2015, 2014 and 2013 respectively. All figures are in Australian dollars unless otherwise stated.

More detailed information is contained in IAG’s 2015 annual report, including full statutory accounts, and the Directors’ and remuneration reports for the 2015 financial year. This year, the corporate governance report is available online. To have a copy of the annual review or annual report mailed to you, contact IAG’s Share Registry using the contact details below.

Scope and assurance of sustainability reporting

The Shared Value sections of this review provide an outline of our shared value strategy and performance during the year ended 30 June 2015.

These contain quantitative and qualitative information for IAG’s controlled operations in Australia, New Zealand, Thailand, Vietnam and our Singapore office. We developed the shared value content in line with the Global Reporting Initiative’s (GRI) G4 Principles for Defining Report Content, and this report contains General and Standard Disclosures from the GRI Sustainability Reporting Guidelines, including the Financial Services Sector Disclosures.

In 2015, we engaged independent assurance provider Ernst & Young to assure selected Customer, Community, Workforce and Environment indicators (sustainability indicators) as presented online in the Data Summary.

Selected sustainability indicators have also been presented in this annual review. The sustainability indicators were assured to a limited level in accordance with the ISAE 3000 Assurance Engagements Other than Audits or Reviews of Historical Financial Information standard.

The shared value content of this annual review was also reviewed against the GRI’s Principles for Defining Report Content. Results of the assurance can be found in the assurance statement provided by Ernst & Young. A complete Data Summary and Glossary of Terms which describes the scope of sustainability data included in our content, GRI Content Index and assurance statement is available in the Shared Value area of our website (www.iag.com.au).

Shareholder information

Share Registry
Computershare Investor
Services Pty Limited
GPO Box 4709, Melbourne VIC 3001
Australia

Hand deliveries:
Level 4, 60 Carrington Street
Sydney NSW 2000
Australia

Telephone: (within Australia) 1300 360 688 or
(outside Australia) +61 (0)3 9415 4210

Other:
Facsimile (general) +61 (0)3 9473 2470
Email iag@computershare.com.au

Registered Office
Insurance Australia Group Limited
Level 26, 388 George Street
Sydney NSW 2000 Australia

Telephone +61 (0)2 9292 9222
Facsimile +61 (0)2 9292 8072

Email investor.relations@iag.com.au
Website www .iag.com.au

Glossary

APRA is the Australian Prudential Regulation Authority.

Credit spread is the difference between the average yield to maturity of the portfolio of non-government securities and the average yield to maturity of the liability profile, valued using Commonwealth Government of Australia yields.

Gross written premium (GWP) is the total amount of insurance premiums that we receive from customers.

Insurance margin represents our insurance profit as a percentage of our net earned premium.

Insurance profit is our underwriting result plus the investment income on assets backing our technical reserves.

Life and General Insurance Capital (LAGIC) is APRA’s revised regulatory capital regime, which came into effect from 1 January 2013.

Long tail classes of insurance are those such as CTP and workers’ compensation where the average period is generally greater than 12 months between the time when earned premiums are collected and final settlement of claims occurs.

Net earned premium (NEP) is gross earned premium less reinsurance expense.

Net profit after tax is our net result, after allowing for income taxes and the share of profit owing to non-controlling interests.

Prescribed Capital Amount (PCA) is as defined by APRA under its LAGIC regime.

Risks in force refers to the subject matter that an insurance policy or contract protects (eg number of vehicles, houses, employees). An insurance policy may cover one risk or many risks, depending on the terms of the policy. Risks in force is a measure of the total number of risks covered by an insurance company at a point in time.

Shareholders’ funds is the investment portfolio of assets we hold in excess of the amount backing technical reserves; it represents shareholders’ equity not used in day-to-day operations.

Short tail classes of insurance (such as motor, home and small-to-medium enterprise commercial) are those with an average period generally less than 12 months between the time when premiums are earned and final settlement of claims occurs.

Technical reserves are the investments we hold to back the outstanding claims liability and unearned premium, net of recoveries and premium debtors.

Underlying margin is defined by IAG as the reported insurance margin adjusted for net natural peril claim costs less related allowance for the period; reserve releases in excess of 1% of NEP; and credit spread movements.

© 2015 Insurance Australia Group Limited ABN 60 090 739 923