QBE 1.15% $9.43 qbe insurance group limited

premiums under pressure

  1. 127 Posts.
    I read an article on AFR stating that premiums in the large commercial space was under significant pressure due to changes in tort law and lack of disasters. QBE said that their market share in that area is very small.

    I wonder whether that debate had anything to do with the softening of the SP in the last week. The article said that general weakness in premiums was to be expected in the near future due to competition.

    Do you think a lot of analyst would have factored this into their profit projections?

    Not long before QBE reports half yearly performance on the 20th of August. Let's hope it moves up strongly come closer to that date.
watchlist Created with Sketch. Add QBE (ASX) to my watchlist
(20min delay)
Mkt cap ! $13.91B
Open High Low Value Volume
$9.49 $9.57 $9.30 $48.46M 5.137M

Buyers (Bids)

No. Vol. Price($)
1 206 $9.42

Sellers (Offers)

Price($) Vol. No.
$9.43 58889 3
View Market Depth
Last trade - 16.10pm 05/03/2021 (20 minute delay) ?
-0.110 ( 1.41 %)
Open High Low Volume
$9.48 $9.57 $9.31 1387810
Last updated 15.59pm 05/03/2021 (live) ?
QBE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.