Report
David Ellis
EUR 101.80 For Business Accounts Only

Global diversification spreads insurance risk, with upside from rising long-term interest rates.

Narrow-moat QBE Insurance Group’s new CEO Pat Regan did not take long to clear the decks with a profit downgrade and goodwill write-down. 2017 was a horror year for QBE with natural peril events across the globe resulting in the costliest year in the history of the global insurance industry. QBE now expects to report an aftertax loss of USD 1.2 billion for 2017 when results are released Feb. 26, 2018, compared with a USD 844 million profit for 2016. Despite the significant loss, our AUD 13 fair ...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
David Ellis

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