something to watch, page-48

Hi T23

At a guess -

* GWP up to around 305mm (FY 320 est, proj)
* Drop in unrealised gains from investments (by around $1mm to around $4.5)
* Net investment earnings unchanged due to drop in unrealised gains, offset by increase in interest revenue from technical funds invested.
* COR steady at around 102
* FY09 projection similar to 2008 - perhaps marginally lower on the back of increase in cat cost cover
* FY09 Div Projection - unchanged from 2008.

Been buying 31's. Reckon we have seen the bottom at 30.

Best regards
Kit