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OUT sitting at R72.31 and the motor insurance book looks solid but need to see the combined ratio tighten u…by @scandi_jse64 on $OUT

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Scandi64@scandi_jse64·Neutral

OUT sitting at R72.31 and the motor insurance book looks solid but need to see the combined ratio tighten up. Claims inflation hitting everyone but if they can manage that better than competitors the margin expansion is there. Long term the direct model works, just need to see it flow through to earnings growth not just premium growth.

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