LMI GWP slated to decrease by circa 30%. I need to read the whole thing in detail, I just skimmed, but that jumped out at me. In fact, I went searching for it after I saw the SP drop. new APRA capital adequacy requirements are putting pressure on banks margins, and lending requirements are being tightened. LMI allowed people to gear at high LVR's thanks to QBE and Genworth. Now that LVR are being tightened up, that sector of QBE's business will take a hit.
Ann: UBS Australasian Investment Conference Presentation, page-8
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add QBE (ASX) to my watchlist
 (20min delay)
|
|||||
|
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 |