QBE 0.30% $16.39 qbe insurance group limited

ex dividend date, page-14

  1. 3,469 Posts.
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    There would be no reason for QBE to merge with anyone. There are no issues with capital, the insurance margin is the highest of any comparable insurer in the world and the underwriting result is actually good. They just continue to suffer from the worldwide low interest rate issues which at some point will move (they just cant stay below inflation).

    As for buying companies like IAG, that will never happen its too expensive, has too many carry over issues from its former days and the business is highly exposed to natural catastrophe's via its model.

    As for QBE itself being a target? highly unlikely. The institutional base is one of the highest of any ASX20 stock and the figure would need to be above $30b.

    QBE will continue on its way and keep searching for companies or portfolios of business mainly in the US, where the exchange rate actually works in their favour.

    Pep
 
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