RAMs was in run off too, and it didn’t do too badly.
350,000 customers is not exactly insignificant, whatever the lapse rate. I’m sure that a model will re emerge for them to sell funeral insurance within the next 9-12 months.
St Andrew is the wild card - there are good arguments both ways as to whether it will go ahead. All that can be said with certainty is that they haven’t announced it isn’t.
RAMs was in run off too, and it didn’t do too badly. 350,000...
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