The only way they are staying level on a PCA multiple is by reducing the reinsurance coverage. They can reduce to zero but then they can’t pull that lever anymore. They are throwing off far more capital ( including $150mil a year income on investment portfolio) and require less for shrinking/ageing book. Ie. both numerator and denominator working against them re PCA multiple target . They will need to return more capital one way or the other. Ie. either dividends or buybacks.
The only way they are staying level on a PCA multiple is by...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add HLI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.15 |
Change
0.030(0.73%) |
Mkt cap ! $1.202B | |||
| Open | High | Low | Value | Volume |
| $4.12 | $4.18 | $4.10 | $4.031M | 974.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 981 | $4.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.17 | 11199 | 2 |
View Market Depth
| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| HLI (ASX) Chart |