Steadfast Group Ltd
SDF: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LG | LOCK|d<s> | LOCK|$X!p$sk |
Steadfast Earnings: Brokers Can Cope With Moderating Insurance Premium Increases
Australia's largest insurance broker, Steadfast, increased its underlying profit before amortization by 15% to AUD 346 million, benefiting from higher insurance premiums, new brokers joining, and acquisitions. Fiscal 2026 underlying profit is guided to be up 5%-8%.
