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
$16.94 |
Change
0.120(0.71%) |
Mkt cap ! $25.45B | |||
| Open | High | Low | Value | Volume |
| $16.99 | $17.03 | $16.89 | $36.20M | 2.134M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13224 | $16.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.95 | 6278 | 2 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| QBE (ASX) Chart |