Posted by youngblood29us > 2017-06-06 17:01 | Report Abuse
You just summarized all the financial data..no big deal..im from the insurance industry, let me tell detarrif is gona hit many companies really hard..LPI has the backing of Public Bank (fire insurance) and not sure how long the can rely on Pbb for business..End of the day people go for cheaper products..You are too optimistic with your analysis..PLease take note that even agency business is gona die off when customers can use aggregator to buy the cheapest insurance..
Posted by teoct > 2017-06-20 11:16 | Report Abuse
Youngblood29us, appreciate if you will elaborate what or how aggregator work.... thank you very much.
De-tariff will definitely hit some of the poorly run insurance companies hard, there will be consolidation in the insurance industry and this is where LPI being a strong company (as this article imply) will survive and thrive too.
Insurance will not go away as it is required most, if not, all the time for the management of financial risk in society.
Else, in your learned opinion, what industry would be worthy of investment other than insurance going forward? Looking forward to your sharing.
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Posted by 3iii > 2017-05-24 11:58 | Report Abuse
Thanks for your hard work and for the sharing of your analysis.