thanks for the quote, but my earlier postings within the past year refferried to the decline in margins and a few other things your excellent post highlights the core of the issue, the company and board are in a comfortable zone, hoping the issues will blow away.The recent atitude is its not us but sandy, dick, and all those nasties out there that are negatively effecting the balance sheet. they recently bought an agricultural insurance business in a dought of course pay outs are going to be high. In my opinion race is onward between share price going south to $9 its fair value and management pulling its finger out and getting down to business. why have premiums not increase they are in the insurance business more wild wealther more risk higher the cost. peppie is right management is the issue.
QBE Price at posting:
$13.03 Sentiment: None Disclosure: Not Held
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