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Steadfast Group Limited (ASX:SDF)

ALERT: Price-sensitive ASX Announcement for SDF
Current share price for SDF : $5.150 0.17 (3.41%)+
Release
11 Dec 2025 9:57AM
Price at Release
$4.980
Full Release
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Summary
The document provides an investor update from Steadfast Group Limited, focusing on insurance premium trends, acquisition activities, and financial metrics up to November 2025. It reports an average insurance premium increase of 2.4% year-to-date, with specific categories such as casualty and liability insurance seeing varied changes. The document highlights completed acquisitions for FY26 totaling $128 million, with a detailed breakdown of new acquisitions, step-ups, and bolt-ons. The Board has approved a maximum gearing ratio increase to 40%, aligning with bank covenants. Additionally, the document mentions a projected Australasian trapped capital pipeline expected to complete by the end of FY26.
Key Points
  • Average insurance premium increase of 2.4% year-to-date.
  • Completed acquisitions for FY26 totaling $128 million.
  • Board approval for maximum gearing ratio increase to 40%.
  • Australasian trapped capital pipeline projected to complete by end of FY26.
  • Specific insurance categories show varied premium changes.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.