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The C-Suite: William McDonnell, IAG CFO
IAG is expecting moderating insurance profit in FY26, with a forecast of between $1.45 to $1.65B, after a 21% rise in FY25 to $1.7B. This after net profit came in at $1.35B in the period, up over 50%. A favorable perils experience helped drive the result, along with underwriting claims efficiencies. IAG forecasting gross written premiums to increase in the low to mid-single digits, reflecting premium increases to cover moderating claims, inflation and direct customer and volume growth. But this doesn't include the upcoming acquisitions of the Royal Automobile Clubs of Queensland and WA, which are expected to increase GWP by 10%. For more on the result highlights here’s company CFO William McDonnell.