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1.26% $7.08 insurance australia group limited

IAG lagging market?, page-2

  1. crazypunter
    5,760 Posts.
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    25/01/15
    16:38
    Post #: 14638498
    200Million$ loss from the brisbane storms doesn"t bode well for the bottom line,with more severe weather events as a likely occurrence this summer.you only buy into insurance companies,after real bad seasons.
    get them at a discount sp to cover the risky nature of the business,and voila-you then have a reasonable investment.
    reinsurance cover does not save them either.that only comes into effect if armageddon eventuates.
    cheers crazypunter
    BOQ Price at posting: $12.09 Sentiment: None Disclosure: Not Held
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    IAG Price at posting: $6.22 Sentiment: None Disclosure: Not Held
    LNG Price at posting: $2.62 Sentiment: None Disclosure: Not Held
    SKE Price at posting: $1.34 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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