"What some investors don't realise, a high cat year like 2012 means significant premium growth the next year with a clean claims sheet."
I've heard this line of reasoning before a few times regarding the insurance industry, do hope you are correct.
Stands to reason that they got all the bad news out by now, but you never know.
can't see too much downside @ these levels on a LT view
"What some investors don't realise, a high cat year like 2012...
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Last
$17.29 |
Change
0.150(0.88%) |
Mkt cap ! $26.02B | |||
| Open | High | Low | Value | Volume |
| $17.18 | $17.48 | $17.08 | $74.62M | 4.322M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 13472 | $17.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.30 | 23441 | 2 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| QBE (ASX) Chart |