Congratulations TAL, you have won the big one...the largest insurance contract in Australia this year apparently. A question though on how you plan to effectively manage the 1.5million or so members of the funds insurance, sure less than that when you consider those that actually have insurance attached to their super plans. Last check this accounts for significant % of inforce group risk business but massive in terms of influx of new administration etc etc I see profit straight to the bottom line from $200m in new revenue but issues in terms of managaing it. Some further information on how you plan to do this...and can you start paying an interim dividend? And can you remove that 30% shareholder so you get taken over sooner and i hope you win more of these larger group plans especially from the industry funds sector however get a longer contract length please, would be a shame to lose the big on in three years. Engough from me.
TAL Price at posting:
$2.79 Sentiment: None Disclosure: Held