IAG 0.67% $7.36 insurance australia group limited

iag rejects qbe take over, page-37

  1. 2,250 Posts.

    Comminsure cross sells to its banking customers, but they actually dont take on the risk themselves. They are more like an intermediary who receive commissions. But I think recently they are starting to take on the risk and build a book of business. I believe a bank such as CBA this will not be beneficial. It had been tried before.
 
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