I think he is referring to a possible US default on its debt obligations - not a QBE default on it US business.
At this stage any US default on its debt obligations would be very much a temporary thing and not really affect QBE. It would, of course, cause a severe hiccup in stock values and share trading but would. I believe, be quickly rectified.
2013, page-25
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Last
$16.97 |
Change
0.030(0.18%) |
Mkt cap ! $25.49B | |||
| Open | High | Low | Value | Volume |
| $16.76 | $17.16 | $16.76 | $50.37M | 2.945M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4167 | $16.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.98 | 1101 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| QBE (ASX) Chart |