They are always looking at buying new business as that is the main growth driver for QBE.
What it would probably mean is more businesses are knocking on the door to say buy us, because it has been a painfull few years for insurance companies and alot of smaller companies will be very close to the wall.
Can be a win win situation as becoming a small piece of one of the best insurance companies in the world is a hell of a lot better than either collapsing or spending several years being so close to collapse that they can't afford to grow.
is qbe a potential takeover target?, page-40
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Last
$17.08 |
Change
-0.130(0.76%) |
Mkt cap ! $25.71B | |||
| Open | High | Low | Value | Volume |
| $17.06 | $17.11 | $16.89 | $40.74M | 2.390M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 248 | $17.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.10 | 620 | 1 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| QBE (ASX) Chart |