Insurance Australia Group Ltd (IAG) Insider Helen Nugent Purchases 7,000 Shares

Insurance Australia Group Ltd (ASX:IAG) insider Helen Nugent bought 7,000 shares of the company’s stock in a transaction on Tuesday, November 20th. The stock was bought at an average cost of A$7.06 ($5.01) per share, for a total transaction of A$49,413.00 ($35,044.68).

IAG stock traded up A$0.03 ($0.02) during trading hours on Thursday, hitting A$7.12 ($5.05). 5,791,812 shares of the stock traded hands, compared to its average volume of 6,770,000. The company has a quick ratio of 0.35, a current ratio of 0.80 and a debt-to-equity ratio of 27.30. Insurance Australia Group Ltd has a one year low of A$5.82 ($4.13) and a one year high of A$8.25 ($5.85).

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Insurance Australia Group Company Profile

Insurance Australia Group Limited underwrites general insurance products. The company operates through Australia, New Zealand, and Corporate and Other segments. It offers consumer insurance products, such as motor vehicle, home and contents, lifestyle and leisure, and compulsory third party, as well as travel insurance, life insurance, and income protection products; and business insurance products, including business package, farm and crop, commercial property, construction and engineering, commercial and fleet motor, marine, workers' compensation, professional indemnity, directors' and officers', and public and products liability.

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