Search results

2011 was the year for small caps who don't even pay one iota of dividends. The big dividend paying ones just sank like a stone.

I see what you're saying. But what I was getting at is the whole environment of low interest rates, rather than EUR exposure per se. Insurance premiums growth has been quite flat. However, it is the investment income which is the real kicker for QBE and its low yields have been primarily...

If the Eurozone turns to rat ***** then QBE is the worst buy because it means systemically low interest rates, which is bad for its investment of the insurance float. This is why the stock has underperformed over the past 3 years.