OUT still trading well below book despite solid underwriting in the last set. Motor premiums are sticky eve…by @jse_tttrading on $OUT

OUT still trading well below book despite solid underwriting in the last set. Motor premiums are sticky even with load-shedding hitting claims, and household book's growing. Rand weakness obviously helps with forex but inflation's squeezing margins hard, rate hikes aren't helping either. Long-term view hasn't changed, just waiting for the market to price in the resilience here.