QBE cops a hiding

QBE investors need to weigh up the benefits flowing through from the company's rehabilitation with the broader problems facing the industry

It doesn’t pay to disappoint in this kind of environment.

After months of being lauded for rehabilitating QBE’s overburdened balance sheet, John Neal this morning felt the sting of an investor backlash at a less than stellar result as the stock plummeted 9% at the opening bell.

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