I hope you have covered Fat bloater , the news was not that bad operationally , and margins will improve as premiums rise.
Definitely a corporate target and this 10% drop could be a trigger for a major bank wanting to diversify their income to start accumulating .
Banks need to grow as they did in the last decade by getting in to financial services and superannuation.
General insurance seems a perfect next step , as they have the clients who need cover and there is significant cross sell opportunity.
Ill be buying tomorrow if we get another morning sell down
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