QBE 0.30% $16.72 qbe insurance group limited

update, page-37

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    Yes. My point being that very few of us here would expect a low cat year "because it is due", which was my first sentence. To rephrase what I was trying to say after that, we expect a low cat year because "it is more normal"!!! BUT that will not mean we cannot have another high cat year.
 
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