Insurers run hot as investors chase rising premiums
Liam WalshReporter
Key Points
- QBE boosts half-year profits, as investment earnings rebound.
- Underwriting result belted by US storms and NZ floods.
- Premium rises still pushing through.
Insurers are the unlikely stars of this profit season, prized by investors for their ability to push higher premiums on to policyholders, after years in the equity market wilderness.
Concerns linger, however, about whether customers will ditch their cover if prices keep rising.
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