Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
Insurance business is regulated and BNM has eyes and overwatch. Tune is also not in debt and can remain stable with most of its balance sheet intact.
At this level, it's mostly already baked in that Air Asia's impact from higher fuel cost would result in lower insurance revenue, but as long at the combined ration remains healthy at 90%, should still yield positive cash flow.
If combined ration remains around 90%, we can expect min 1.3 to 1.5 sen dividend again nx year. Need to build a higher revenue base and improve investment returns.
Etiqa absorbed by Maybank, MNRB just announced a potential sale of Takaful to another financial institution. Wonder if there could be further opportunities with Tune
Tune Protect’s asset-light model and digital-first strategy have potential, but they need to show consistent underwriting profit to justify their current valuation. With industry consolidation heating up, they could eventually become an attractive takeover target for a larger financial player looking to boost their digital insurance footprint.
Nice, expect the price to move up a level, likely 35 to 38sen and once the Q1 results are out in May and assuming the combined ratio drops further below 90%, price should test 42 to 45sen. 2027 aim for 3sen dividend...
