Ann: Release of correspondence by ASX with ISX, page-162

G'day,

Taking this one step further and this is not ground-breaking stuff.

ASX would have professional indemnity insurers as part of the corporate package looking after matters. They can't operate without it. At this time of year when renewal policies roll around, one of the foremost questions that is asked, as most would know, relates to claims made that are on foot. Nothing to disclose re: ISX in July 2019 but a whole different ball game this year. Whoever the PI insurer is will want to know the ins and outs (including any potential damages payout) of this matter for their own reserves and reinsurance, etc.

The renewal would make for an interesting read.