tkzee wrote:Could these share be generating some positive externatilities to other insurance stocks??
@tkzee very correct. Two things happened in quick succession, Britam presented their transactions Acorn and Real to the regulator. Shorter therafter SIB released a research note which was very shallow and lazy in strategic and value creation directions of each of the insurance players, the market got excited and all of a sudden anything insurance has rallied on bar kenya re.
Other than Britam, the other insurance companies will begin correct at some point.