The insurance margin was at the lower end of expectations.
More Quotes from Peter Vann:
Business lending is certainly the growth area at the moment. St.George is focused on the smaller end of that market and seems to be getting its share.Peter Vann
The key will be how much they invest and what role and control they have over underwriting activities and management. They've got about A350 million (260 million) to A500 million to invest.
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