attached demonstrates the capital impact(0.65x PCA) of reducing the reinsurance coverage. They reduced to 27% of pml. They can only go to zero before they can’t use this to reduce capital and they will only be able to return capital to reduce the PCA multiple.
given the pathetic buyback I suspect there will be a large special dividend at upcoming results release.
attached demonstrates the capital impact(0.65x PCA) of reducing...
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Last
$4.13 |
Change
-0.010(0.24%) |
Mkt cap ! $1.181B | |||
| Open | High | Low | Value | Volume |
| $4.11 | $4.14 | $4.09 | $168.5K | 41.01K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 42869 | $4.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.14 | 40388 | 12 |
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| Last trade - 10.20am 08/10/2024 (20 minute delay) ? |
| HLI (ASX) Chart |