Having posted a similarly bullish comment on life insurance in...

Having posted a similarly bullish comment on life insurance in the MPL thread, regarding SUN's interest in NHF, may I suggest you perform a simple internet search regarding outlook in the insurance industry.

Any doubts you have about the increasing claims, lapse rates, natural disasters and economic environment are readily apparent from share price performance (the competitors are not impact by SUN's special dividend) over the last couple of years.

This industry is quite separate to health insurance, although your previous comments have - deliberately or inadvertently - painted both industries in a similar light.

With all due respect, the reality may be quite different (opposite) to what you had assumed.

(Disclosure: AFR, actuarial opinion, personal experience, healthcare professional.)