QBE were absolutely smashed in March more so than all the banks...

QBE were absolutely smashed in March more so than all the banks and many others in the financial sector. They went to the market to raise capital and had no problems getting what they wanted. They are now more financially solid than a few months ago and I believe the impact on them from Covid will be a lot less than first thought. They have been way oversold and I see a sharp pullback to over $10 within the next 4 weeks or sooner. I loaded up at $7.56 a few weeks back and again yesterday at $8.24. I am still a firm believer that Pat Regan has turned QBE around and it might take another 1 or 2 reports to validate this.
One more thing, and this again is totally my opinion, I think by this time next year the fed will be lifting rates to slow inflation. or even hyperinflation! There is so much money being pumped into the world economy, at some point this is going to flow through and boom time. A perfect environment for QBE, provided there are no massive natural disasters.... but thats insurance.