AUB Group Ltd
AUB: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| %g# | LOCK|!!P? | LOCK|&v>VjL |
Insurance Brokers Performing Well and Not Priced as Richly as General Insurers
Over the past 12 months, AUB has delivered total shareholder returns of 15%, modestly outperforming 13% for the S&P/ASX 200 and well ahead of peer Steadfast, which is all square. But this is much lower than returns of general insurers IAG, QBE, and Suncorp, which have posted above 30% returns.
