INS.AUST.GRP 19/45 FLRINS.AUST.GRP 19/45 FLRINS.AUST.GRP 19/45 FLR

INS.AUST.GRP 19/45 FLR

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Key terms


Outstanding amount
‪450.00 M‬AUD
Face value
10,000.00AUD
Minimum denomination
500,000.00AUD
Coupon
6.77% (Variable)
Coupon frequency
Quarterly
Yield to maturity
6.70%
Maturity date
Jun 15, 2045
Term to maturity
20 years

About INS.AUST.GRP 19/45 FLR


Sector
Finance
Industry
Property/Casualty Insurance
Home page
Issue date
Mar 28, 2019
ISIN
AU3FN0047544
FIGI
BBG00NJLZDM1
Insurance Australia Group Ltd. engages in underwriting of general insurance and related corporate services. It operates through the following business divisions: Direct Insurance Australia, Intermediated Insurance Australia, New Zealand, and Corporate and Other. The Direct Insurance Australia division provides personal lines, some commercial lines, and general insurance products sold to customers under the NRMA, SGIO, SGIC, the RACV in Victoria, as well as the CGU and Poncho brands. The Intermediated Insurance Australia division offers commercial lines, personal lines, and general insurance products sold to customers through intermediaries including brokers, authorized representatives, and distribution partners under the CGU and WFI brands, as well as the Coles insurance brand via a distribution agreement with Coles. The New Zealand division deals with general insurance products underwritten in New Zealand. The Corporate and Other division represents other activities, including corporate services, capital management activity, shareholders’ funds investment activities, inward reinsurance from associates, investment in associates, and other businesses that offer products and services that are adjacent to IAG's insurance business. The company was founded in 1925 and is headquartered Sydney, Australia.
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