QBE to Shrink US Business to Boost Long-Term Performance: Is It a Buying Moment?
Australia's largest insurer announced its decision to withdraw from $US500m of North American middle-market business in a market update on Wednesday.
QBE's North America Mid-Market Business Closure Is Positive -- Market Talk
2245 ET - QBE's plan to close its North America middle-market business is positive, although a sale announcement would have been preferable, say Goldman Sachs analysts Julian Braganza and Brian Kim in
QBE Insurance Target Price Cut 1.4% to A$20.60/Share by Goldman Sachs>QBE.AU
QBE Insurance Target Price Cut 1.4% to A$20.60/Share by Goldman Sachs>QBE.AU
Investor May Be Concerned on QBE's New Caledonia Losses -- Market Talk
0039 GMT - QBE's decision to close its North America mid-market business makes sense given this operation lacked scale and relevance, says Morgans analyst Richard Coles in a note. The NA mid-market bu
QBE Could Benefit From Higher U.S. Commercial Insurance, Reinsurance Pricing -- Market Talk
0019 GMT - Suggestions that U.S. commercial insurance and reinsurance pricing could rise appear to be positive for ASX-listed general insurer QBE, say Morgan Stanley analysts in a note. While reinsura
QBE's New Caledonia Loss May Not Concern Investors
2322 GMT - QBE Insurance's loss relating to the unrest in New Caledonia could be reflective of recent reinsurance market change spurring primary insurers to take on more risk, says Citi analyst Nigel
QBE's Smaller Position in North America Helps Remove Volatility -- Market Talk
2311 GMT - The market reacted negatively to an update by QBE Insurance that included news it would exit its middle-market business in North America. But Jefferies analysts Simon Fitzgerald and William
QBE Insurance Price Target Cut 0.5% to A$19.95/Share by Jefferies
QBE Insurance Price Target Cut 0.5% to A$19.95/Share by Jefferies
Inflation Risks Dampen Market Appetite for Australian Shares; QBE Insurance Group Slips 4%
Australian shares were down on Wednesday as the country's central bank flagged risks to inflation. The S&P/ASX 200 slid 8.40 points, or 0.1%, to 7,769.70. At its policy meeting statement, the Reserve
QBE's North America Segment Closure Should Be Viewed Positively -- Market Talk
0431 GMT - QBE's decision to close down its North America mid-market segment should be viewed positively, say Citi analysts in a note, adding that for a long time, they have been skeptical of the ASX-
QBE to Shutter North American Unit, Affirms Full-Year Guidance
By Alice Uribe SYDNEY--QBE Insurance Group said it plans to close its North America middle-market business following its weak performance over several years. The general insurer's decision to close
QBE Shares Drop on Half Year Update and Strategic Review
QBE Insurance Group Ltd (ASX: QBE) shares are under pressure on Wednesday morning.
QBE Insurance Group to Close North American Middle Market Segment Following Strategic Review
QBE Insurance Group (ASX:QBE) will close its North American middle market segment following a strategic review and take around AU$100 million in restructuring charges in FY24 for associated costs, acc
Aussie Insurers Could See Doubling of Mental Health Claims in Workers' Compensation
Trends in mental health claims don't look to have been priced in by Australia's general insurers yet, say Macquarie analysts in a note.
Lower Premium Growth on Cards for Australian General Insurers -- Market Talk
0640 GMT - Australian general insurers could moderate further premium rate rises, leading to lower premium growth through to 2025, says S&P Global Ratings in a new report. Still, it reckons profitabil
Australian Insurers to Benefit From Strong Investment Returns -- Market Talk
0636 GMT - The earnings lift Australian insurers have gained from higher premium rates will continue to offset reinsurance rate pressures and higher spending on technology, cyber defense and regulatio
Upside Risk to Consensus on QBE's Combined Operating Ratio -- Market Talk
0526 GMT - There is upside risk to Visible Alpha consensus on insurer QBE's combined operating ratio of 92.8%, say Goldman Sachs analysts Julian Braganza and Brian Kim in a note. They see a COR of les
Top Brokers Name 3 ASX Shares to Buy Today 12 June 2024
Many of Australia's top brokers have been busy adjusting their financial models and recommendations again. This has led to the release of a number of broker notes this week.
Goldman Sachs Says These 3 ASX Dividend Shares Are Buys
There are a lot of options for income investors on the Australian share market. So many it can be hard to decide which ASX dividend shares to buy.
3 ASX 200 Shares Going Gangbusters on Friday
Three S&P/ASX 200 Index (ASX: XJO) shares set the market ablaze on Friday, each hitting 52-week highs to close out the session.
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