QBE have told us they expect premium rises of 5%+ this year. I note this ABC article which shows how aggressive these rises can be under their new assessment of risk.
http://www.abc.net.au/news/2012-05-15/insurance-flood-claims-feature/4013188?section=business
I get a great feeling about this year for QBE. let's hope we have continuing low large cats.
premiums rising
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Last
$15.75 |
Change
-0.055(0.35%) |
Mkt cap ! $23.72B | |||
| Open | High | Low | Value | Volume |
| $15.82 | $15.91 | $15.72 | $18.26M | 1.155M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 42 | 6256 | $15.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.75 | 5698 | 30 |
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| Last trade - 15.11pm 29/08/2024 (20 minute delay) ? |
| QBE (ASX) Chart |