The US business is now right-sized and it has been a benign CAT season, so it should really start punching this half. They are still very short duration in fixed income so higher rates mean better investment yields and a lower PV of liabilities, slightly offset by lower equity markets (if that is what happens- there is quite a bit baked in already).
All us fan-boys agree that 2016 is QBE's year and its $20 soon !
(I am still a bit jacked off with Frank who was paid serious cash, got Deified, and then left a pile of steaming underperforming acquisitions to be cleaned up)
The US business is now right-sized and it has been a benign CAT...
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$16.54 |
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Mkt cap ! $24.89B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 12709 | $17.69 |
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| Price($) | Vol. | No. |
|---|---|---|
| $13.24 | 1162 | 1 |
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