My thoughts precisely. As I understand it, most of the balance sheet is cash/bonds. Notwithstanding rules that require a certain level/ type of cash/ bonds to be held in order to run an insurance business in a certain jurisdiction, there is huge scope to allocate to the equity investment side.
I also am not advocating this. We do not have that expertise. But other people like Buffett do and it must be a possibility at this stage in the insurance cylce that someone with deep pockets looks at a relatively pristine balance sheet (from the asset side at least) and says I'll have some of that.
K
Ps i think you will be lucky to get 50% in SPP
buffett's views on insurance, page-3
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add QBE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$16.88 |
Change
0.070(0.42%) |
Mkt cap ! $25.41B | |||
| Open | High | Low | Value | Volume |
| $16.92 | $17.00 | $16.79 | $48.96M | 2.901M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12179 | $16.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.89 | 645 | 1 |
View Market Depth
| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| QBE (ASX) Chart |