Drop in 500 million revenue but what what was the NCOR on this book? Maybe 120%? If so then then this decision could add $100 million to profit once it is run off. Surprised that they didn't try and push through significant price increases first.
News: QBE QBE Insurance sees higher 1H premium, to shut North America middle-market segment, page-2
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Last
$23.01 |
Change
-0.080(0.35%) |
Mkt cap ! $34.86B | |||
| Open | High | Low | Value | Volume |
| $23.00 | $23.07 | $22.87 | $2.910M | 126.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 289 | $23.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $23.02 | 628 | 6 |
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| Last trade - 10.15am 31/07/2025 (20 minute delay) ? |
| QBE (ASX) Chart |