* GWP up to around 305mm (FY 320 est, proj) * Drop in unrealised gains from investments (by around $1mm to around $4.5) * Net investment earnings unchanged due to drop in unrealised gains, offset by increase in interest revenue from technical funds invested. * COR steady at around 102 * FY09 projection similar to 2008 - perhaps marginally lower on the back of increase in cat cost cover * FY09 Div Projection - unchanged from 2008.
Been buying 31's. Reckon we have seen the bottom at 30.
Best regards Kit
CIX Price at posting:
33.0¢ Sentiment: ST Buy Disclosure: Held
