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A surprise blowout in claims shows one of the bear risks for insurer QBE – but can the bull upside of massive jumps in premiums outweigh the negatives?
The Sydney-based insurer is still passing through hefty price increases, but damage claims are rising.
Analysts gave the thumbs up to new technology and business improvements at Suncorp. But some longer-term threats linger.
The former Perpetual equities chief says others might be considering how best to carve up the funds management group.
Insurers have flagged more than $450 million could be returned to investors after the High Court refused to hear pandemic business appeals. But flooding will be a negative for shareholders.