That does not compute having a limit of $300M on the insurance underwritten. WOuldnt it be prudient to have the insurance cover have no claims underwriiten to a cetain figure from the undrwriter and then have the underwriter insure against the excess claims over and above what SUN could prudently inusre for,
For example SUN pays for all claims up to $200M and then the underwriter (Loyds of London for example) kicks in for claims above $200M
One thing it shows is the financial cost of the fires we have already tragicly seen the human cost hope the fire bugs burn in hell
That does not compute having a limit of $300M on the insurance...
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Last
$16.89 |
Change
0.130(0.78%) |
Mkt cap ! $21.48B | |||
| Open | High | Low | Value | Volume |
| $16.73 | $17.04 | $16.71 | $61.04M | 3.604M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 8670 | $16.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.90 | 90311 | 5 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| SUN (ASX) Chart |