OUTsurance hits record high

[Bloomberg]

OUTsurance hits record high

OUTsurance shares surged to a record after the South African insurer said full-year profits jumped and that it will pay a special dividend.

 

[PaulGherkin]

Lots of profits... enough to cause Loadshedding
Because repudiating claims is so profiteering

 

[RedViking]

That's not good. It means people don't claim or claims get rejected. They are going to crash next.

 

[neoprema]

I want some of that money!

Outsurance gladly replaced my Sony TVs with Sinotec ones when they got struck by lightning. Apparently they agree to replace, not to replace with equal value/quality.

I also had R24k worth of Ubiquity wifi equipment they replaced with "the equivalent" ASUS that costs 50% of what i paid...

So glad i left them.