RE: Insurance looks quite safe5 Apr 2020 14:55
Whilst I see AV.’s solvency ratio now slipping, it can’t yet be at a position where the Divi is threatened unless they’ve set their financial modelling on ‘ worse case/ disaster scenario ‘. My main fear is whether the BoD have the collective strength to turn against, what now seems to be the Regulation Authorities wish, for all financial institutions to exercise extreme caution and put Balance Sheet strength at the forefront of all current decision making. Few wish to fall on the wrong side of the “City Club “ , that needs courage....have we that in our current Mgmt. Guess we will find out soon enough.