Company Details

Insurance Australia Group Limited (IAG)

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When the solid old NRMA Insurance business floated in 2000, it had its critics. We’re still among them. The haphazard, scattergun, international expansion under the current management team makes us extremely nervous. We’ve seen too many great domestic businesses blow up too much money chasing similar dreams (Foster’s, AMP and National Australia Bank come to mind).

Director Type Annual remuneration Securities Owned Current Value
Yasmin Allen Non-Executive $235,000 29,011 $100,668
Phillip Colebatch Non-Executive $280,000 46,692 $162,021
Hugh Fletcher Non-Executive $228,000 71,690 $248,764
Anna Hynes Non-Executive $152,000 40,242 $139,640
David Meiklejohn Executive $138,539 15,693 $54,455
Brian Schwartz Non-Executive $218,000 71,995 $249,823
Philip Twyman Non-Executive N/a 46,446 $161,168
Michael Wilkins Executive $1,467,000 226,366 $785,490
 

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