A director at Qatar Insurance Co bought 200,000 shares at 0.000QAR and the significance rating of the trade was 59/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years cl...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
QIC’s released figures show a rise of 19.85% in its net written premiums to reach QAR8.578bn by the end of 2016 while maintaining its retention rate practically unchanged at 86%. On the other hand, the net claims jumped substantially from QAR226.53m in 2015 to QAR400.42m in 2016: the net underlying result was, therefore, pulled down by 8.8% to QAR843.68m compared to last year’s figures. Unfortunately, investments and other sources of income of QAR906.58m (including 89% from investment activi...
Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...
​Earnings miss on underwriting, RoE FY 16e of 14% remains > peers thanks to investmentsWe expect GWP growth to come in at 24% in FY 16e and 18% in FY 17e, revised down (cut GWP Q4 16e by 11%) post the Q3 results, with GWP growing more or less evenly across insurance and reinsurance.
​Premium valuation prices in perfection but downside risk prevails.​QIC is a ‘hedge-fund reinsurer’ which aims to become a more balanced insurance company.Its reinsurance business is based on a ‘contingent credit swap’, which derives its profits from pricing anomalies in retrocessionaire underwriting. QIC Asset Management operates as a hedge fund, boosted by the capital increase, but de-risking is inevitable as it continues to diversify its profile, benefiting from regulatory arbitra...
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