Posted by cpng > 2014-12-28 21:24 | Report Abuse

In the theory of accuracy,
aircraft crash incidents are one million per one probability.
And we malaysian airlines got 3 cases straight on it within one year, the chances are very rarely in 10 billions per one ratio but still happened.
So next time must buy travel insurance.

Posted by sangharimau > 2014-12-28 21:54 | Report Abuse

S U S P E N D E D

Posted by jonatlau79 > 2014-12-29 09:28 | Report Abuse

Unless Drop 30 % & More, Then Suspended ...

Posted by jonatlau79 > 2014-12-29 09:28 | Report Abuse

30% Within A Trading Day...

Posted by kc888 > 2014-12-29 14:17 | Report Abuse

Stable, din drop much.........why???

Posted by Jee Foh > 2014-12-29 15:06 | Report Abuse

green=)

Posted by AhSook AhKou > 2014-12-29 18:00 | Report Abuse

As said before it is a very know factor Travel Insurance is very high risk business for the premium charged against cost of claims - more than 6% claims frequency will burnt scheme ! Of course , Tune Ins is involve with AirAsia's liability insurance through captive/reinsurance schemes . I assumed at least 10% retention risk !!!!

Posted by Alanganps > 2014-12-29 18:08 | Report Abuse

Wsj : German insurer Allianz is the major reinsurer for the missing air Asia plane

Posted by calvintaneng > 2014-12-29 18:09 | Report Abuse

kc888

Why tune insurance didn't drop much when Market expects it to go Limit Down?

This is the Answer by Calvin Tan Research

Insurance is a pay out from the pool of collected premiums. So its costs will go up after the horrendous claims.

Tune Insurance will then raise the insurance premium by a HUGE MARGIN to compensate for the imminent losses. SO TUNE INSURANCE WILL BOUNCE BACK AND MAKE EVEN MORE OBSCENE PROFIT IN THE FUTURE BY CHARGING AN ARM OR LEG WHEN ALL FUTURE PASSENGERS AND OTHERS BUY FLIGHT INSURANCE.

That is the Reason Why Warren Buffet Has Insurance Companies in the Portfolio of Berkshire Hathaway. One good example is Geiko Insurance.

Hope you get it.

Posted by Alanganps > 2014-12-29 18:24 | Report Abuse

HONG KONG, Dec 29 (Reuters) - German insurer Allianz said on Monday it was the lead re-insurer to the AirAsia jet missing off the Indonesian coast with 162 people on board, making it the third major airline accident it has been involved in this year.

The German company, which has Malaysia Airlines as a client, was the main reinsurer to flight MH370 that disappeared over the Indian Ocean in March, as well as to flight MH17 which was shot down in July while flying over Ukraine.

"We can confirm that Allianz Global Corporate & Specialty UK (AGCS) is the lead reinsurer for AirAsia, for aviation hull and liability insurance," an Allianz spokeswoman said in a statement emailed to Reuters.

Allianz declined to comment on the extent of its exposure or to identify other insurers with exposure to the missing Indonesia AirAsia plane, an Airbus A320-200.

But Reuters calculations show the minimum payout to cover for this accident could be around $100 million.

Posted by Ravi Kumar > 2014-12-29 21:46 | Report Abuse

As long as there are people like below; I can make money :)


Posted by genesis81 > Dec 26, 2014 08:03 PM | Report Abuse

Insurance company will be in red cause of flood payout.

Posted by MuhammadAmin > Dec 28, 2014 02:56 PM | Report Abuse

Tune insurance is facing difficulty this time. Good luck to the cash flow.

Posted by genesis81 > Dec 26, 2014 08:03 PM | Report Abuse

Insurance company will be in red cause of flood payout.

Posted by Jien Han > 2014-12-31 16:22 | Report Abuse

looks like tuneins's price action is in a limbo period.

Posted by WK Wong > 2015-01-06 23:20 | Report Abuse

http://m.thejakartapost.com/news/2015/01/06/insurance-companies-urged-pay-out-airasia-victims-quickly.html

Posted by Win188 > 2015-01-09 10:26 | Report Abuse

What happen to Tuneins today? Why drop?

Posted by wowozai > 2015-01-09 10:59 | Report Abuse

People is uncertain and getting crazy to dump it . Yes they seems having slow growth but at the least still gaining estimated 70m net profit last year with 355m cash in hand with zero debt. Worth at least rm2 with health fundamental but not this crazy rm1.50+. Great time to collect with no fear.

Posted by gungho92 > 2015-01-09 14:40 | Report Abuse

Not yet. Wait for the claims first.

Posted by AhSook AhKou > 2015-01-09 14:48 | Report Abuse

There will be further drop in price when the impact of short term drop of sales fr AA !! As I highlighted in the past , thou Travel Ins business is good in cash generating but margin of profit is tight & very expose - burning rate 6% & plus !!! Wait until it drop below 1.20 for collection for 12-18 months trading lohhhhh

Posted by edwardtt > 2015-01-09 15:06 | Report Abuse

I think those that commented on insurance claims know nothing about how insurance company operates. First a large portion of the risk is being transferred to REINSURANCE Company (i.e Allianz). Tune insurance may be retaining less than 1% of the total exposure. On top of that it is quite common the Insurance Company like Tune Insurance buys "Loss Protection" to cap their maximum losses. I can assure you that the losses to Tune Insurance is not significant. On Flood, it is happening in rural area whereby lots of properties are not insured for Flood coverage and in fact Not insured at all. It will only hurt the insurance company badly if it happens in Big City like KL, Selangor, JB.

Posted by edwardtt > 2015-01-09 15:10 | Report Abuse

Even for PA claims I am sure Tune insurance will buy reinsurance protection to cap their losses. I guess the losses will not be more than RM10mil. In fact after these incident, more passenger will be buying PA coverage. Only risk is whether they can continue to grow the PA business if AirAsia Ticket sales dropped.

Posted by edwardtt > 2015-01-09 15:12 | Report Abuse

http://en.wikipedia.org/wiki/Reinsurance
This link will help you to understand how Insurance company transfer risk to Reinsurance company. And how they buy Loss Protection check under the heading "Non-proportional"

Posted by yktay1 > 2015-01-09 15:13 | Report Abuse

100% of the claims for the passengers on board plane who bought insurance from Tune is reinsured to an overseas insurer.

Any other payments such as compensation to families, etc are bourne by the plane hull insurer, i.e. Allianz.

Posted by edwardtt > 2015-01-09 15:17 | Report Abuse

However, the overall impact on Tune's earnings will be minimal because (1) management has reconfirmed that Tune will not have to bear the claims as it reinsures out all these risks, (from CIMB research)

Posted by wowozai > 2015-01-09 16:14 | Report Abuse

That's why a problem when people is unfamiliar how the business is working. They dump it when it has "no growth" or "assumption of big paying out" by ignoring the solid fundamental. Tuneins has a very unique business model, other than core insurance business they are earning around 20m investment profit a year. It is a business of leveraging, it could be safer than what you think of it.

Posted by gungho92 > 2015-01-09 17:00 | Report Abuse

dont try so hard to convince people. the only important thing when you buy a share is to justify it yourself. Tony F. was the first one to dump. i wonder why ?! Such a Coward ! or perhaps something much more serious is looming behind. nobody knows.

Posted by wowozai > 2015-01-09 18:15 | Report Abuse

Yup just sharing the opinion anyway :) everyone bear their own risk at the end of the day.

Posted by edwardtt > 2015-01-09 18:18 | Report Abuse

Not convincing anyone. Just correcting the misinformation and telling the facts on Tune's claims exposure from recent crash event. Tony's exit most likely due to poor macro outlook, which will affect investment income of the company, hence lowering the PAT in 2015. The P/E at 17/18 is seen as "expensive" given a poor investment market outlook in 2015, so is just a "cash out" for tony and re-enter when valuation is cheaper.

Posted by angelol > 2015-01-12 13:07 | Report Abuse

Tony dumb it, Tony dumb it, After Tony dumb it Tony still have 30% shares, lets think about it, did Tony really dumb it? Lol

Posted by AhSook AhKou > 2015-01-16 16:38 | Report Abuse

By law you can not have 100% reinsurance and that's the fact ! Therefore TuneIns for sure is expose fr the recent catastrophe . Short terms it price will continue to drop , lohhhhh

Posted by regit > 2015-01-21 16:30 | Report Abuse

hmmmmm, thought insurance companies always make money? Just wondering if they pay good dividends?

Posted by Joel > 2015-01-26 15:39 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1851797

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1854113

Posted by Joel > 2015-01-26 15:51 | Report Abuse

http://www.nanyang.com/node/677327?tid=709

Posted by AhSook AhKou > 2015-02-18 10:41 | Report Abuse

As the market grow for travel ins in Mysia , insured is more confident to claim on Baggage etc etc , as I said previously this type of business can only tolerate 6% claims frequency lahhhh .......... travel insurance can never be highly profitable and that's fact .

Posted by Joel > 2015-02-18 14:16 | Report Abuse

Wait for the 4th QR then will know.

Posted by Joel > 2015-02-20 11:26 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1881145

Posted by Lucas Chan > 2015-02-25 20:31 | Report Abuse

TUNEINS, tp 2.3 gogogo

Posted by wowozai > 2015-03-01 17:00 | Report Abuse

Tuneins is worth at least 2.3 for me due the fact that:
1) Zero Debt
2) Low management expenses - mere approx. 15% of operating revenue
3) Cash equivalent approx. 400m
4) Assured 70m net profit every year on top of the abundant cash.

I love how financially efficient it is and all above are the fundamentals assuming its business portfolio didn't grow. Indirectly saying whenever they are engaged to new insurance partner, it excerpt extra value.

Posted by AhSook AhKou > 2015-03-02 20:17 | Report Abuse

One of the biggest challenges r link to AAA & AAX !! Looks like AAX is fighting fire and heat could b spreading across the group with common shareholders , mahhhh Globally, travel insurance is never b a highlight profitable business n bear in mind any claims frequency more than 6% is more likely to burnt , that's fact !!

Posted by wowozai > 2015-03-09 10:58 | Report Abuse

A matter of fact:
tuneins was rm1.55-1.61 in dec and you said it's a risky biz but then it shoot to rm2 in feb.
So lets see what happens next :)

Posted by learningtree > 2015-03-24 11:10 | Report Abuse

got dividend?

Posted by speakup > 2015-03-24 11:22 | Report Abuse

Tony selling why?

Posted by Invest1188 > 2015-03-24 12:59 | Report Abuse

For finance or insurance, Single individual cannot hv more than around 20 pct share

Posted by gungho92 > 2015-04-15 00:39 | Report Abuse

Tune ins is highly dependable on AA. Anything that happens to AA is reflective on this company. An advantage, and a disadvantage.

Posted by Hotrod > 2015-04-15 09:12 | Report Abuse

Why keep dropping ?

Posted by wyman1991 > 2015-04-15 11:34 | Report Abuse

Yeah.. why ah?

Posted by tycoon77 > 2015-04-15 18:35 | Report Abuse

maybe is not interested by most of the investors at this moment. I still positively looking at this counter. Correction maybe hit to 1.70 support.

Posted by wowozai > 2015-04-15 20:14 | Report Abuse

a big chunk of tuneins cash has been invested to financial related product rather than putting in the fixed deposit account according to the latest audited account. It's understandable tuneins wanted to make full use of the cash balances and maximize the profit. Somehow some of the investors maybe doubted about that compare to the steadiness of fixed deposit. This could be one of the reason but I still look it very positively.

Posted by gungho92 > 2015-04-16 16:55 | Report Abuse

i suppose bad qtr coming ? who knows... anythg is possible in the stock market.

Posted by eky7931 > 2015-04-17 08:40 | Report Abuse

Tune insurance is a good company for long term investment based on the following :-

1) The company going to list their Thailand operations sometimes in first half of 2016. The company already appointed agent to help them on the process. Therefore, unlocking the potential value for shareholder.
http://www.dealstreetasia.com/stories/exclusive-tune-insurance-to-launch-ipo-in-2016-considers-ma-for-growth-4292/

2) The due diligence of acquisition of Indonesia unit already completed and will be operating before first half of 2015. That means announcement will be released at anytime.

Accumulated now for good investment.

Posted by gungho92 > 2015-04-17 12:37 | Report Abuse

not yet... let them achieve stability first. now they are still in infancy stage.

Posted by gungho92 > 2015-04-17 23:47 | Report Abuse

ok...i know why dropping... because of ESOS at 1.71...