INSURANCE SECTOR

anges · 51 Re: INSURANCE SECTOR Thu Feb 07, 2019 4:13 pm

anges

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glad to see guys talking of sounds stocks and not crap ! yes insurance industry had good run and future might be turbulent but with good management they might do good !

nosf766 · 52 INSURANCE bubble finally bursting! Tue Feb 12, 2019 12:03 pm

nosf766

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Hope people are seeing AAIC results! As mentioned previously and many times over - recurring earnings are dropping a lot! All the profits are from tax reversals etc! all others will also show very weak earnings .... my personal opinion - ALL stocks in this sector are highy overvalued and will go down atleast 30%

nosf766 · 53 Re: INSURANCE SECTOR Fri Feb 15, 2019 12:46 pm

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no one listened when i said hte below - see all profits of companies coming out....recurring profit is dropping a lot and most profit created through tax reversals and transfers!!! this sector seems to be highly overvlualued!

nosf766 · 54 Re: INSURANCE SECTOR Thu Feb 21, 2019 10:22 am

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:D:D

nosf766 · 55 Insurance Sector Tue Mar 19, 2019 2:05 pm

nosf766

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see JINS / UAL!!! Already down and will go down further....JINS - in my personal opinion, I think will test 21 levels and UAL - 230 levels as most of the profits are one off and will probably have lower earnings going forward...

wisdom79 · 56 Re: INSURANCE SECTOR Tue Mar 19, 2019 7:50 pm

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AAIC has settled the best price,if it comes more down, that means buyers are winners. ALL the buyers are in big trouble because shares are coming down and they have strucked on them.

Better to start wait and see. Invest on Insurance shares to see a good frofit.

Good luck!!!

Sstar · 57 Re: INSURANCE SECTOR Wed Mar 20, 2019 11:04 am

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Life insurance companies have long term sustainability as against general insurance companies. Be mindful when investing. Insurance business sales growth decline in the event of a reduction in purchasing power due to economic downturn. But in a worst economic situations the most policy holders start surrendering the policies triggering the collapse of life insurance companies. I guess we haven't still reach that level. but it is sure to happen if this economic conditions to prevails.

nosf766 · 58 Re: INSURANCE SECTOR Thu Mar 21, 2019 11:46 am

nosf766

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agreed! long term prospects are very low! especially when things are tight, and growing so slowly. the lst thing people will buy are insurnace!!!! think logically - iN MY PERSONAL OPINION dont think it can go up - only DOWN

nosf766 · 59 Re: INSURANCE SECTOR Thu Mar 21, 2019 3:04 pm

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look at AAIC - down almost 40% from its peak!!!! from 50 down to 32! My personal opinion - same thing will happen to other counters too

nosf766 · 60 Re: INSURANCE SECTOR Fri Mar 22, 2019 12:05 pm

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UAL DOWN 6.5% Laughing

nosf766 · 61 Re: INSURANCE SECTOR Fri Mar 22, 2019 2:00 pm

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Would be great to hear views on how much insurance sector stocks will fall? 30 - 40%???? JINS is already down to 26 and AAIC is 30!

PDH · 62 Re: INSURANCE SECTOR Wed Dec 04, 2019 11:30 pm

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jins ?????????????????//

wisdom79 · 63 Re: INSURANCE SECTOR Thu Dec 05, 2019 8:51 am

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December quarter will be better and all will move up soon. Now is the time to start its moving up.

Quibit · 64 Re: INSURANCE SECTOR Sat Dec 07, 2019 12:17 pm

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Sri Lanka Insurance Life records sturdy growth of 13.6 % by 3Q
Sat, Dec 7, 2019, 09:46 am SL Time, ColomboPage News Desk, Sri Lanka.

Dec 07, Colombo: Sri Lanka Insurance (SLIC) records a rigorous growth of 13.59 percent, surpassing the industry growth in the life insurance sector for the period ended September 30, 2019.

Sri Lanka Insurance Life achieved a total gross written premium of Rs.11.03 billion maintaining the positive momentum of the life insurance industry.

The outstanding achievement was supported by Sri Lanka Insurance's three-year strategic focus on key areas, including customer centric product portfolio, enhancement of sales force's productivity levels, customer driven ground level activities, continuous efforts in understanding emerging customer needs and the collective effort of SLIC team towards the goals.

SLIC'S incomparable life insurance product portfolio extends from endowment products, retirement products, health plans and child insurance plans, which provide total life insurance solution for all stages of life with high return to the customers within the Sri Lankan insurance industry.

The life insurance product portfolio consists with the latest addition of SLIC Health Plus, SLIC Wealth Plus, SLIC Freedom Lifestyle Plus and Divisavi, which is an affordable insurance plan.

Benchmarking the insurance industry Sri Lanka insurance introduced a mobile application for customers. The fully-fledged SLIC mobile app is a next generation platform, which facilitates customers to view policy details and products details, make premium payments of bo th life and general insurance policies and many more convenient services.

Sri Lanka Insurance also claims the largest life fund in the industry in excess of Rs.110 billion and the company has declared the highest life insurance bonuses year-on-year for its valuable customers. In the year 2019, Sri Lanka Insurance has declared a life insurance bonus of Rs.7.6 billion taking the total declared amount for the last 10 years to Rs.50 billion.

Despite the challenging market conditions and macro level challenges, Sri Lanka Insurance general insurance sector also records a substantially positive growth in the industry. Sri Lanka Insurance Motor Plus, the flagship brand of the general insurance category, continuously secured the market leader position in the motor insurance market.

Geared and equipped with the latest technology and innovative service features Sri Lanka Insurance Motor Plus provides a fast track claim settlement process and convenient service to the customers with 'Bee Express' service

wisdom79 · 65 Re: INSURANCE SECTOR Sun Dec 08, 2019 7:29 pm

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AAIC is the best company at this level.

JINS hopes to offer dividend above 5++++

PINS is being collected.

CINS will move up above 2000++++

UAL and HNB will give another big dividend in February.

DAY by day insurance shares moving up, only profit, no loss!!!!

Good luck!!!!!

Aweej · 66 Re: INSURANCE SECTOR Mon Dec 07, 2020 12:29 pm

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Any reasons for the HASU price appriciation and any predictions? awaiting expert advice

Love Boy · 67 Re: INSURANCE SECTOR Mon Dec 07, 2020 3:11 pm

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Aweej wrote:Any reasons for the HASU price appriciation and any predictions? awaiting expert advice

I am expert in insurance. This is highly manipulated by some person apart from selling company. Very Happy

Teller · 68 Re: INSURANCE SECTOR Mon Dec 07, 2020 3:40 pm

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Avoid AAIC at current market price . PiNS will be attractive and long term UAL can appreciate based on current market price. JINS can positive based on dividends.

Love Boy · 69 Re: INSURANCE SECTOR Mon Dec 07, 2020 5:33 pm

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Teller wrote:Avoid AAIC at current market price . PiNS will be attractive and long term UAL can appreciate based on current market price. JINS can positive based on dividends.

The real Scenario is given below.

1. AAIC is has high GWP Growth. But, it has nothing when it compare with expenses ratios and claim growth.

2.JINS has nothing. They are gambling with insurance concept. I have seen covid grad cover. When, any other insurance company in the world can not offer such a risky thing.

3. UAL and HNB are average.

Most of them can not understand, insurance logic. Very Happy

Champ888 · 70 Re: INSURANCE SECTOR Mon Dec 07, 2020 6:09 pm

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With the Sub division, HASU will move upword.

This will possibly go up 75+

M S L DIAS · 71 Re: INSURANCE SECTOR Mon Dec 07, 2020 6:37 pm

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Did anyone one Pins collection

M S L DIAS · 72 Re: INSURANCE SECTOR Mon Dec 07, 2020 6:37 pm

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Did anyone one Pins collection

M S L DIAS · 73 Re: INSURANCE SECTOR Mon Dec 07, 2020 6:38 pm

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Notice *

ColomboCSE · 74 Re: INSURANCE SECTOR Mon Dec 07, 2020 11:52 pm

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Love Boy wrote:

Teller wrote:Avoid AAIC at current market price . PiNS will be attractive and long term UAL can appreciate based on current market price. JINS can positive based on dividends.

The real Scenario is given below.

1. AAIC is has high GWP Growth. But, it has nothing when it compare with expenses ratios and claim growth.

2.JINS has nothing. They are gambling with insurance concept. I have seen covid grad cover. When, any other insurance company in the world can not offer such a risky thing.

3. UAL and HNB are average.

Most of them can not understand, insurance logic.

AAIC Good! But too risky to enter under Softlogic roof. Everyone knows now Softlogic situation. same thing can be happed to AAIC.

Teller · 75 Re: INSURANCE SECTOR Thu Dec 10, 2020 8:55 am

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AAIC foreign sell , Why foreigners exit and who was the foreign party Which has sold 8.1 Million AAIC shares yesturday. This .may be the reason gradully reduction of dividends and net profits. If you check the latest cash flows trend , its difficult them to declare dividends.

Love Boy · 76 Re: INSURANCE SECTOR Thu Dec 10, 2020 10:48 am

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Teller wrote:AAIC foreign sell , Why foreigners exit and who was the foreign party Which has sold 8.1 Million AAIC shares yesturday. This .may be the reason gradully reduction of dividends and net profits. If you check the latest cash flows trend , its difficult them to declare dividends.

The thing is this, They priced most of products by assuming RFR is 5%. But, the present RFR is very low. They have to face high impact. This is the real example for the knowledge of Life Insurance. Life insurance is the long term business. They tried to do it short term. It will damage the business. Very interesting to see the damage. Very Happy

kanishkaecomm · 77 Re: INSURANCE SECTOR Wed Aug 11, 2021 1:59 pm

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LIFE INSURANCE SECTOR (22 JUN 2021) Click here to View Full Report

ErangaDS · 78 Re: INSURANCE SECTOR Thu Dec 02, 2021 12:40 pm

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Highly Undervalued Sector with strong balance sheets & high dividend yields.
Personal favourites AAIC , PINS , HASU

ErangaDS · 79 Re: INSURANCE SECTOR Fri Dec 10, 2021 1:37 pm

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AAIC is in the driver's seat.

PINS , HASU , JINS should ride along

thankrishan · 80 Re: INSURANCE SECTOR Fri Dec 10, 2021 1:53 pm

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PINS.

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INSURANCE SECTOR

51 Re: INSURANCE SECTOR Thu Feb 07, 2019 4:13 pm

anges

52 INSURANCE bubble finally bursting! Tue Feb 12, 2019 12:03 pm

nosf766

53 Re: INSURANCE SECTOR Fri Feb 15, 2019 12:46 pm

nosf766

54 Re: INSURANCE SECTOR Thu Feb 21, 2019 10:22 am

nosf766

55 Insurance Sector Tue Mar 19, 2019 2:05 pm

nosf766

56 Re: INSURANCE SECTOR Tue Mar 19, 2019 7:50 pm

wisdom79

57 Re: INSURANCE SECTOR Wed Mar 20, 2019 11:04 am

Sstar

58 Re: INSURANCE SECTOR Thu Mar 21, 2019 11:46 am

nosf766

59 Re: INSURANCE SECTOR Thu Mar 21, 2019 3:04 pm

nosf766

60 Re: INSURANCE SECTOR Fri Mar 22, 2019 12:05 pm

nosf766

61 Re: INSURANCE SECTOR Fri Mar 22, 2019 2:00 pm

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62 Re: INSURANCE SECTOR Wed Dec 04, 2019 11:30 pm

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