Okay fires occuring in not so rural areas. : ) I do not know what impact fires will have but remember how the market thrash QBE based on UK floods but it ended up having zero to negligible impact on NPAT.
Hurricane season in the US in the next two months more of a risk I reckon.
Never forget what Master's of Risk Management QBE are and remember that they have proven themselves not year after year but decade after decade. One of the world's best insurance business for sure !
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