Not sure why the bad sentiment insurance companies are gold mines in a rising interest rate environment. Make most of their money out of fixed interest. So looking like good times may be ahead. IAG Probably best best with QBE, which is starting to look very cheap to play rising interest rates. Big 4 may have a housing crash to deal with . Insurers don’t have that risk. IMO DYOR. Looking to get in myself when dust settles.
IAG Price at posting:
$4.27 Sentiment: Hold Disclosure: Not Held
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