You make a good point re SUNs insurance business JC and it is something I had not thought about before you
mentioned it.
I have some of my insurance through Bendigo Bank and they use another well known insurer to underwrite the policies.
Now.....maybe I'm getting a bit ahead of the game or a bit too cute.
But what if Bendigo Bank did take over SUNs banking arm and not only retained them as the insurer for the existing SUN bank branch network, but also extended this across the entire branch network.
This would dramatically increase exposure to the SUN insurance business.
BEN becomes a bigger bank.
SUN becomes a bigger insurance company.
A win/win
Sounds very appealing.
Just my rambling thoughts.
Cheers,
b.
BEN Price at posting:
$13.97 Sentiment: None Disclosure: Held
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