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Nov 1, 2024
Stock #8 Quarterly Update Q2FY25 - English
In this quarterly update, we explore the performance of our recommended insurance stock amidst a profit decline driven by elevated claims ratios resulting from seasonal illnesses and increased medical costs. Additionally, we provide an overview of the actions taken following a recent cyber incident to safeguard data and discuss the company’s plans to revise pricing for 50-60% of products to manage loss ratios. Finally, we reaffirm the long-term targets to double Gross Written Premium and triple profitability by FY28. Watch for essential insights to guide your investment decisions in the insurance sector!
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