QBE 1.62% $17.59 qbe insurance group limited

7 reasons to buy QBE shares, page-5

  1. 60 Posts.
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    Agree with @bedger that rising interest rates will negatively affect the insurance industry as a whole.

    As interest rates go up, consumers will have less disposable cash. Once this occurs consumers will cut back on discretionary spending.

    Whilst I personally see insurance as an essential product; unfortunately a lot of consumers will take the risk and let their insurance policies lapse in order to make ends meet.

    Flow on effect there will be a lot of lapsed insurance policies which aren’t renewed.
 
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