KEY Insurance’s Turnaround is Happening – Q4 Dec 2020 Results

February 14, 2021

KEY Insurance’s turnaround is happening?
⚫️Co making progress to profitability
⚫️Customers benefiting from new online platform to get quotes online
⚫️$668m raised in rights issue will help to improve profitability
⚫️Board likes progress since takeover by GK in Mar 2020


⚫️Company reporting Profit Before Tax of $88.5m for Q4 Dec 2020 compared to massive loss of -$267.5m last year

⚫️Profits before tax also jumped from the $8.1m reported for September (last quarter)

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