| AGM (Annual General Meeting) |
An annual meeting of shareholders required by law where directors inform shareholders of company performance and future prospects. Shareholders vote on board elections and significant company issues |
| ASIC |
Australian Securities and Investments Commission |
| ASX |
Australian Securities Exchange Limited ACN 008 624 691 |
| Business Day |
Monday to Friday inclusive, except New Year's Day, Good Friday, Easter Monday, Christmas Day, Boxing Day and any other date that ASX declares is not a business day |
| CHESS |
ASX's Clearing House Electronic Sub-Register System which provides the central register for electronic transfer of share ownership |
| Chess Holding |
A holding of Shares on the CHESS subregister of the company |
| CGT |
Capital gains tax |
| Cum Dividend |
Latin for "with" dividend. This means the holder has bought shares in time to qualify for a dividend which has been recently announced |
| Demutualisation |
The conversion of NRMA Insurance Limited from a company limited by guarantee to a company limited by shares owned by IAG and the issue of shares in IAG to former members of NRMA Insurance Limited on 22 July 2000 |
| Dividend |
Amount the company pays to shareholders out of its profits. The rate of dividend is generally expressed in cents per share |
| Dividend Imputation |
The system under which shareholders receiving dividends from a company, are entitled to a credit for the Australian tax paid by the company on its income. See also Imputation Credit / Imputed Credit / Franking Credit |
| Dividend Yield |
The return on share investment, calculated by dividing the dividend rate (in cents per share) by the market price of the share. It is expressed as a percentage |
| Ex-Date |
The date on which shares change from "cum" to "ex" status. This date is the fifth day prior to, and including, the record date. It's the first day the shares trade without the buyer qualifying for the dividend |
| Ex-Dividend |
"Without dividend". Once a share has gone "ex-dividend" the buyer does not receive the dividend declared, ie: an investor buying shares ex-dividend will not receive any recently announced dividend |
| Franked Dividend |
Dividends on shares with franking credit attached. A company is able to declare that a percentage (up to 100% of a dividend) is franked depending on the amount of franking credits available |
| Fully Franked Dividend |
The whole dividend carries a tax credit of the applicable company tax rate |
| Group |
The group of companies made up of Insurance Australia Group Limited and its controlled entities |
| HIN |
Holder Identification Number allocated by a broker to shareholder sponsored through CHESS |
| Holding Statement |
A statement which confirms your shareholding and any changes to the number of shares held |
| Imputation Credit / Imputed Credit / Franking Credit |
To prevent shareholders from paying income tax on dividends paid out of company profits that have already been taxed (a double tax on the same earnings), the company's tax payment is "imputed" or attributed to the shareholders, through the company being entitled to either fully, or partially "frank" it's dividends. Shareholders receive a tax credit for the franked portion of such dividends. See also Dividend Imputation |
| IAG |
Refers to Insurance Australia Group Limited ABN 60 090 739 923, formerly NRMA Insurance Group Limited ABN 60 090 739 923 |
| Interim Dividend |
The dividend paid before the end of the financial year on profits attributable to that year. (The company's current financial year ends on 30 June) |
| Marketable Parcel |
The number of Shares which have a value of at least $500, where the value of each Share is at the closing price on a trading day |
| NIGL |
NRMA Insurance Group Limited, now called Insurance Australia Group Limited ABN 60 090 739 923 |
| Record Date |
The date on which the company closes its register for the determination of eligible shareholders and shareholder details |
| Registrar |
Computershare Investor Services Pty Limited ABN 48 078 279 277 |
| Shareholder |
A holder of either ordinary or preference shares in IAG |
| Shares |
Issued shares in Insurance Australia Group Limited |
| SRN |
Shareholder Reference Number allocated to shareholders not sponsored by a broker |
| Trading Day |
Is as defined in the ASX Business Rules |
