Will be interesting how much more they allow reinsurance coverage to decline to reduce PCA multiple . My guess is they’re setting themselves up with a low reinsurance coverage as an easy way to be able to increase reg capital when interest rates drop and surge in new lmi business being written.
Ann: 3Q23 APRA GIILS lodgement and market update, page-11
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$3.81 |
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Mkt cap ! $1.105B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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