QBE 0.92% $16.54 qbe insurance group limited

Peppie,Knowing how conservative they are I am guessing that that...

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    Peppie,

    Knowing how conservative they are I am guessing that that $100m is the maximum exposure they can have after reinsurance. I say this owing to the nice round number as observed by you, but also that it is way too early for them to have assessed damage / claims. Thus anything less than this is upside to their guidance
 
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