IAG: 1H22 Earnings

Insurance Australia Group is under Algo Engine sell conditions.

1H22 cash NPAT of A$173m. Outer year growth could be material for IAG and we’ll be watching for a return to algo buy conditions later this year.

Risks to our IAG valuation and target price revolve around the pricing and claims
environment for insurers in Australia and New Zealand, including catastrophe
events.

IAG – Update

IAG:ASX is a potential counter-trend recovery trade that’s now on our radar.

6/5 Since writing the above post IAG has continued to move higher.

31/5 Short-term investors may stick with the position as long as the price activity remains above the 10-day average.

IAG – Recovery Trade?

IAG:ASX is a potential counter-trend recovery trade that’s now on our radar. We add this to the list which also includes CIM & A2M.

6/5 Since writing the above post IAG has continued to move higher. Short-term investors may stick with the position as long as the price activity remains above the 10-day average.