Acceric,
Your interpretation of unearned income is off the mark.
Unearned income represents premium for the next accounting period when it will become premium I com. When this happens the unearned income will attract, you guessed it, claims. So it is more or less spoken for.
But next year it will receive more unearned premium income, unless there is a run on QBE and the premium income goes elsewhere, in which case QBE will he stuffed.
Good luck all.
michael west, page-16
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$17.39 |
Change
0.150(0.87%) |
Mkt cap ! $26.12B | |||
| Open | High | Low | Value | Volume |
| $17.36 | $17.65 | $17.25 | $68.31M | 3.923M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 21665 | $17.38 |
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| Price($) | Vol. | No. |
|---|---|---|
| $17.39 | 159691 | 4 |
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