Annual Report Introduction
IAG's Four Principles Paying Claims Understanding & Pricing Risk Managing Costs Reducing Risk
Group Operating Performance
Chairman's Review
CEO's Review
Business Overview
Australian Personal Insurance
Australian Commercial Insurance
International Operations
Our Brands
Executive Team
Review of Operations
Board of Directors
Corporate Governance
Financial Report
Shareholder Information
Corporate Directory
BUSINESS OVERVIEW
Print

INTERNATIONAL

NEW ZEALAND INSURANCE OPERATIONS
Our New Zealand business is the leading general insurance provider in the country across both the direct and intermediated channels.

We hold approximately 37% of the New Zealand market according to Insurance Council of New Zealand Statistics, and are strongly positioned in all geographic markets.

We provide insurance products directly to customers under our State brand and through insurance brokers under our NZI brand. Our personal lines and simplified commercial products are also distributed through agents and under third party brands by our corporate partners, including large financial institutions.

INSURANCE PRODUCTS INCLUDE:

ASIAN INTERESTS
IAG owns China Automobile Association and a Thai general insurance business (purchased in July 2005). It also has a strategic shareholding (22%) in another Thai insurer, Safety Insurance.

CAPTIVE REINSURER
The Group purchases most of its reinsurance protections through its captive reinsurer(IAG Re Limited). The results of that business are reflected in the Group’s international operations.