Yes. One of the best managed insurance companies in the world, according to AspectHuntley. Very conservatively run, very well provisioned, and made $1.9 billion profit even after (1) exchange rate impact and (2) there being 25 claims over $2.5 mill compared to a mere 5 over $2.5 the year before.
Georgraphic risk is diversified, as is industry.
Current PE around 12, or on a cash flow basis around 10. Yielding close to 5% at these levels.
Not terribly much to dislike for a long-term investor.
MJS
biggest dog, page-6
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add QBE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$16.05 |
Change
-0.280(1.71%) |
Mkt cap ! $24.11B | |||
| Open | High | Low | Value | Volume |
| $15.70 | $16.11 | $15.49 | $161.0M | 10.14M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1821 | $16.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.05 | 4664 | 2 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| QBE (ASX) Chart |