Well managed insurance companies are much better investments than the banks.
QBE may not be overly exposed to the domestic market, but so what. IAG and Suncorp are and look at them. Crumbled.
QBE which has operations worldwide continues to perform. One wonders the importance of strong management in a very critical sector.
QBE have it. They are a rare gem like GEICO over in the U.S.
Also premiums are on the rise. The cycle is starting to turn and QBE have been strong on the downturn. Again, a rare position to its competitors.
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$17.75 |
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Open | High | Low | Value | Volume |
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30 | 9277 | 17.730 |
15 | 3918 | 17.720 |
11 | 3298 | 17.710 |
13 | 15103 | 17.700 |
Price($) | Vol. | No. |
---|---|---|
17.750 | 2107 | 17 |
17.760 | 4111 | 21 |
17.770 | 5907 | 13 |
17.780 | 6013 | 11 |
17.790 | 4594 | 12 |
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