Is the Ridleyton fire likely to be material for IAG’s earnings?

It is too early to tell. Impact depends on policy coverage, nearby property damage, and whether the event is treated as a large loss. Reinsurance could limit net exposure. Watch for management updates on claim counts, lines affected, and any reserve changes before the February results.

How is the IAG share price trading today?

IAG is at A$7.99, up A$0.01 (+0.13%). The intraday range is A$7.95 to A$8.03, versus a 52-week range of A$7.10 to A$9.21. Volume is 1.35 million against a 4.88 million average. Technicals are neutral, with RSI 56.75 and price near the A$8.04 Bollinger upper band.

What levels matter most for short-term trading?

Watch A$7.95 as near-term support and the A$8.04 Bollinger upper band as initial resistance. The lower band at A$7.68 is a secondary support area. ADX at 12.55 signals no strong trend, so breaks may need volume confirmation to hold.

How could the fire affect pricing in South Australia?

If data shows concentrated exposure or higher frequencies, insurers may widen risk-based pricing in certain postcodes. Underwriters can tighten terms for older or higher-risk structures. Any such moves will likely be discussed at results briefings, and could influence sentiment toward the IAG share price and peers.

How do peers compare on positioning?

Suncorp remains more domestic, while QBE has larger global lines. That can diversify event impacts. Today, Suncorp is up 0.34% at A$17.80, and QBE is down 0.15% at A$19.81. Cross-check their claims commentary and February results to validate the sector view.

Law and Government

IAG.AX Stock Today, January 02: Ridleyton Fire Puts Claims in Focus

ByHuzaifa Zahoor January 2, 2026January 2, 2026

The IAG share price is steady today as a large warehouse blaze in Ridleyton, Adelaide, puts the insurer claims outlook in focus. Crews contained threats to nearby homes while police probe whether the fire was deliberately lit. For investors, the key watch is any near-term claims pressure and pricing shifts in South Australia. We also compare moves in Suncorp and QBE, and map catalysts ahead of February results. Here is what today’s trading and early information mean for Australian insurance stocks.