Great thread Camden, very insightful analysis.
I would like to add that I think qbe can achieve a higher premium gowth than they are forecasting for 2011 because they have already fixed their reinsurance coverage for the next 3 years and the insurers are warning of a 8 to 10% increase In premiums due to the amount of catastrophes lately.
Looks like good times ahead coupled together with higher domestic and international yields in the medium term.
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