Actually I think that’s a good sign that they will - probably not the 70% they have indicated but I think 35% as a start.
Market thinks otherwise so let’s see what happens on 28 May.
Printable View
Sp is firming nicely ahead of the results tomorrow.
Market anticipating the payment of a dividend?
Due to personal circumstance and re-balancing, I've sold my holding - I think TWR is well placed though and think they will go to dividend in 6 months and be steady from there on. They are well positioned to take market share from the other incumbents so I'll be keeping a close eye.
insurance companies very at risk in a low rate or negative rate environment of going bust as highlighted by RBNZ
falling investment revenue from low returns. keeps getting worse as rates go even lower. unlike banks it isnt as easy for them to maintain a margin. guess they could stop insuring more high risk stuff or jack your premiums thru the roof etc but even that has a limit. big event claims wipes them out as they dont have the revenue to payout even with re-insurance. aus insurance company reporting provides good insights into the delemma of falling investment returns