MIGMilitary Insurance Corporation (MIG)
1. Military Commercial Joint Stock Bank 68.37%
2. Pyn Elite Fund (non-ucits) 5.29%
P/E 17.6
P/B 1.5
"The non-life insurance penetration rate is still slow at 0.7% compares to 2.3% - the saturation level of developed markets."
Buy and hold
