QBE 0.83% $16.93 qbe insurance group limited

transformational update expectations...., page-9

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    Someone who does not understand that insurance is all about providing security against unknown risks should not be investing in insurance.

    The best the insurer can do is set a premium according to past risks and reasonably well know expenses expenses then add a bit for contingencies.

    There will always be future disasters. They are only a problem when they well above expectation (as in the recent past).
 
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