Analyst Pin-board: BMI – 2019 results and 2020 plan
Changes in strategy in 2019 have proved effective for the insurance business as the loss ratio improved significantly. Meanwhile, investment profit only increased slightly due to the gloomy stock market. In 2020, the pandemic COVID-19 will adversely affect both the insurance business and investment activities of the company. In addition, the divestments of two major shareholders SCIC and AXA have not made any new progress.
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