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2.0¢ freedom insurance group ltd

RAMs is mortgages which is locked in unless customers move or...

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478

03/10/18

09:30

Post #: 35971501
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Originally posted by jamwolf ↑

RAMs was in run off too, and it didn’t do too badly.

350,000 customers is not exactly insignificant, whatever the lapse rate. I’m sure that a model will re emerge for them to sell funeral insurance within the next 9-12 months.

St Andrew is the wild card - there are good arguments both ways as to whether it will go ahead. All that can be said with certainty is that they haven’t announced it isn’t.

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RAMs is mortgages which is locked in unless customers move or pay out and has security over assets. Insurance is a yearly renewal with no security

FIG Price at posting: 13.0¢ Sentiment: Sell Disclosure: Not Held
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