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  1. #1041
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    Quote Originally Posted by peat View Post
    I thought you'd be smelling of seaweed and mussels AQUAMAN!
    If he did the questions could be even more serious

  2. #1042

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    Quote Originally Posted by peat View Post
    Is Stiassny still there...?
    Yep, and more entrenched than ever.

  3. #1043
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    Looks like they aren't going to impacted by travel cancellations?

  4. #1044
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Cadalac123 View Post
    Looks like they aren't going to impacted by travel cancellations?
    And won’t be making much on investing the premium float ....the life and blood of insurance companies
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  5. #1045
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    Majority in solid bonds though not the stock market?

  6. #1046

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    Quote Originally Posted by winner69 View Post
    And won’t be making much on investing the premium float ....the life and blood of insurance companies
    Tower has almost nothing other than cash, bonds, term deposits...

    As at FY19 annual report:
    - $0.6m in equity securities
    - $228.5m in fixed interest securities
    - $67m in cash and equiv

  7. #1047
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    Winner69 just trying to down ramp any stock I reply on with zero research

  8. #1048
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    Quote Originally Posted by Cadalac123 View Post
    Winner69 just trying to down ramp any stock I reply on with zero research
    Really? Not a lot of return though from fixed interest and cash these days.

  9. #1049
    Speedy Az winner69's Avatar
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    Quote Originally Posted by macduffy View Post
    Really? Not a lot of return though from fixed interest and cash these days.
    .....and the lower interest rates could change actuarial assumptions
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  10. #1050
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    Quote Originally Posted by macduffy View Post
    Really? Not a lot of return though from fixed interest and cash these days.
    Um what? In these current circumstances having a fixed return and not being damped down by a market decline is more than favourable for an insurance company. Try and read up on how insurance companies run with winner69 before trying to down ramp the stock.

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