Can QBE handle a crisis?

It’s an innocuous enough sentence, very little different from what CEO John Neal has been saying. "When executed, these initiatives deliver significant additional cash and capital resources that will substantially improve the group’s financial flexibility and ability to better withstand a reasonable range of downside scenarios.

With QBE making issues and selling off bits and pieces to raise capital, someone more eagle-eyed than most spotted a sentence in the company’s results announcement that raises a question about whether a quiet little word has been had with the global insurance company.

Read more here: SMH

    

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