Good Q's Captain.
Guidance is conservative - QBE is run by spreadsheet actuaries who like dull boring predictable.
Exiting US property catastrophe is a necessary move. While a sale of the business would be preferable to run-off, we can deduce there are no interested buyers above calculated run-off value.
I expect a good divvy now interest rates have improved.
Ash
Ann: NA middle-market strategic review and 1H24 performance, page-4
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Last
$23.11 |
Change
0.195(0.85%) |
Mkt cap ! $34.88B | |||
| Open | High | Low | Value | Volume |
| $22.86 | $23.19 | $22.69 | $28.80M | 1.252M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 1948 | $23.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $23.11 | 3909 | 57 |
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| Last trade - 15.10pm 30/07/2025 (20 minute delay) ? |
| QBE (ASX) Chart |