Markets: QBE's wayward pattern

Today will not be the only day of pain for QBE if the company cannot deliver on its forecasts.

Investors are probably losing count of the number of years running that QBE Insurance Group Limited (QBE) has disappointed. Yet again they have posted poor profit figures, this time for interim results disappointing long-term investors who have endured the painful journey over the past three years. It is probably going to feel a lot longer after today. The shares are down over 8 per cent in early trade.

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