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Here’s why it’s time to sell Insurance Australia Group Ltd and Suncorp Group Ltd | Motley Fool Australia

What: Fund Manager Justin Braitling who runs over $300 million including the listed investment company (LIC) Australian Leaders Fund Limited (ASX: ALF) has highlighted in a recent report why investors in insurance stocks such as Insurance Australia Group Ltd (ASX: IAG) and Suncorp Group Ltd (ASX: SUN) should be careful.

Braitling notes that the profit margins of Australian insurers are amongst the highest in the world which of course makes the sector ripe for competition.

via Here's why it's time to sell Insurance Australia Group Ltd and Suncorp Group Ltd | Motley Fool Australia.

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