Aussie Insurance Brokers Offer Attractive Multi-Year Growth Options -- Market Talk

Dow Jones03-14

2349 GMT - Australian insurance brokers as a group offer attractive multi-year growth options, say Morgan Stanley analysts in a note. The companies have strong operating leverage with no balance sheet risk, and capital light business models, the investment bank notes. MS also notes a news report about the possibility of a takeover of broker PSC Insurance from one of several overseas insurance brokers. There has been no comment from management about this latest report that it is aware of, MS says, adding that it sees healthy organic growth opportunities for PSC and an under-geared balance sheet that could provide further upside via inorganic growth.(alice.uribe@wsj.com)

(END) Dow Jones Newswires

March 13, 2024 19:49 ET (23:49 GMT)

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The companies have strong operating leverage with no balance sheet...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4534","symbol_name":"瑞士信贷持仓","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2419602716","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2419602716","pubTimestamp":1710373740,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2349 GMT - Australian insurance brokers as a group offer attractive multi-year growth options, say Morgan Stanley analysts in a note. 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