I must have read this wrong then Peppie? or maybe my definition of barely is different to yours?
"On Wednesday, QBE said cash profit fell to $287 million in the six months to June 30 compared with $471 million a year ago and analysts' forecasts of $343 million. The insurer lifted its interim dividend by 5 percent to 21 Australian cents a share.
Gross written premium slipped 6.7 percent to $8.1 billion, forcing the Sydney-based company to lower its full-year target to between $13.7 billion and $14.1 billion from $14.2 billion to $14.6 billion previously."
Franking, page-3
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