QBE 0.59% $17.04 qbe insurance group limited

extract from the Australian -27 feb...

  1. 174 Posts.
    extract from the Australian -27 feb 08
    ----------------------------------------------
    However, the result also showed a shortfall in the top-line performance of the US operations,
    which was attributed to management exiting some businesses from its two recent US
    acquisitions -- Praetorian and Winterthur -- and holding its line on premiums.
    ``Yes, the top line has come off (in the US business) more than we anticipated, but I would
    rather the top line come off than give away on rate and give away on bottom-line profitability,''
    Mr O'Halloran said.

    ----------------------
 
watchlist Created with Sketch. Add QBE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.