QBE 0.57% $15.79 qbe insurance group limited

have sold out for now , page-12

  1. 2,762 Posts.
    Anyone know what QBE's liability will be here?

    "QBE/Lloyd's can be held liable only up to the amount of insurance policy coverage under the Oil Pollution Act and is not being sued under the Clean Water Act."

    From a quick look I saw max of 75 mill so this would seem like good news on the surface? Are they hedged for this through a syndicate or the like?
 
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