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Member
 Originally Posted by kiora
It generally avoids exposure to natural perils or disaster risk
Many of its products CBL has the ability to recover claims from insured counter parties.Whatever that means 
CBL provide Surety Bonds to construction risks (I think). So if there was an event that caused the bond to trigger, CBL may be able to subrogate against the counter party that caused the event, presumably through their professional indemnity insurer.
CBL operate predominantly as an insurer, with some MGA (Managing General Agent i.e Broker with underwriting authority) activities. MGAs bear no risk, but Insurers do.
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Member
Ratings upgrade for CBL:
"The Auckland based company, which successfully listed on the New Zealand and
Australian stock exchanges last year, saw its financial strength rating
upgraded to A- (Excellent) from B++ (Good) and the issuer credit rating
upgraded to a- from bbb. The outlook for each rating remains stable."
Should open up opportunities in SE Asia and Australia
Good company to be involved with IMO.
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 Possibly a little biased but not married to it
Originally Posted by heisenberg
...Good company to be involved with IMO.
I concur, but I am bound to say that 
Best Wishes
Paper Tiger
Disc: hold
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CBL Corporation plans acquisition of SFS
$151 mill strategic aqcuisition; no cap raise.
My buy will be left dangling.
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Yeah a Turbo expanding company maker . Luckily my buy got hit courtesy of the Brits.
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Originally Posted by Joshuatree
Yeah a Turbo expanding company maker . Luckily my buy got hit courtesy of the Brits.
Good stuff JT
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 Either side of the ditch
Rising volume and price, both on the NZX and the ASX.
I think that is a good thing.
Best Wishes
Paper Tiger
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Originally Posted by Paper Tiger
Rising volume and price, both on the NZX and the ASX.
I think that is a good thing.
Best Wishes
Paper Tiger
Yes PT it looks like someone/s been accumulating for a while.Pleased I went in reasonably heavy handed way way back.
PS I don't understand why you would want AIR either 
Last edited by kiora; 03-08-2016 at 11:01 PM.
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As one share sinks another rises to a new high $3 and few on offer..Weighing machine in action.
On track with strong growth opportunities including brexxit
Some Foreign exchange losses
CBL Corporation Limited 2016 Half Year Results
Last edited by Joshuatree; 26-08-2016 at 10:50 AM.
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