QBE 0.12% $16.36 qbe insurance group limited

Yeah klu, A definite stuff-up in 2013. The new CEO understands...

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    Yeah klu,

    A definite stuff-up in 2013.

    The new CEO understands QBE well and would not have made that statement that it is not material unless he is sure. He can't afford to get it wrong. I can only assume that previous guidance included this type of amount. Hence no sell off. It was expected.

    Now QBE starts with a clean slate (but nervous shareholders!). I will continue to hold, for some price recover and improved US conditions for the company.
 
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