Out closed at R72.31 and honestly the insurance plays are looking tired relative to their underwriting cycl…by @momentumtracker_jse on $OUT

Out closed at R72.31 and honestly the insurance plays are looking tired relative to their underwriting cycles. Short-term insurers taking margin pressure from competition but Out's got decent distribution advantage. Motor book still the real question mark with load-shedding killing accident rates, keeping claims down artificially. Could be interesting on a pullback if they show actual pricing discipline.