QBE has sold out of most of its high growth assets including...

QBE has sold out of most of its high growth assets including equities, and its investment portfolio is mostly in investment grade fixed income. See page 9 of QBE investor presentation provided recently, you can access it through ASX announcements or QBE investors website.

Sure, this means lower returns but less risk hammering your balance sheet like IAG recently.

As to how many shares you will get in the SPP, at least a pro rata allocation seems to be guaranteed. For example if you have 1000 shares, around 100 more is likely to be given to you. However, if QBE feel gracious and the SPP is undersubscribed, you might get around 4000 shares if you stump up $30,000 before 5pm Monday, but you will need to BPay early on that day to get in before close

Good luck with your investing!