QBE Loses Bulls Amid Caution over Reserve Releases

Dow Jones

Jul 21

0334 GMT - QBE Insurance loses its bull at UBS, where analysts think that reserve releases are unlikely to counter margin pressures. Cutting the investment bank's recommendation on the stock to neutral from buy, the analysts tell clients that they see only limited release capacity. They believe that QBE's U.S. surplus has moderated since fiscal 2022 despite top-ups, and flag declining international reserve ratios. In Asia-Pacific, they warn that releases driven by compulsory third-party motor insurance and lenders mortgage insurance could be hard to sustain. The analysts say a recent rerate was justified, but are skeptical on further upside. UBS lifts its target price 8.1% to 27.30 Australian dollars. Shares are down 0.2% at A$25.41. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

July 20, 2026 23:34 ET (03:34 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/2653228028"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2653228028\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2653228028?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-21 11:34","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2653228028","market":"sg","top_or_hot":-1,"title":"QBE Loses Bulls Amid Caution over Reserve Releases","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0334 GMT - <a href=\"https://laohu8.com/S/QBEIF\">QBE Insurance</a> loses its bull at UBS, where analysts think that reserve releases are unlikely to counter margin pressures. Cutting the investment bank's recommendation on the stock to neutral from buy, the analysts tell clients that they see only limited release capacity. They believe that QBE's U.S. surplus has moderated since fiscal 2022 despite top-ups, and flag declining international reserve ratios. In Asia-Pacific, they warn that releases driven by compulsory third-party motor insurance and lenders mortgage insurance could be hard to sustain. The analysts say a recent rerate was justified, but are skeptical on further upside. UBS lifts its target price 8.1% to 27.30 Australian dollars. Shares are down 0.2% at A$25.41. (stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 20, 2026 23:34 ET (03:34 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>QBE Loses Bulls Amid Caution over Reserve Releases</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nQBE Loses Bulls Amid Caution over Reserve Releases\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-07-21 11:34</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0334 GMT - <a href=\"https://laohu8.com/S/QBEIF\">QBE Insurance</a> loses its bull at UBS, where analysts think that reserve releases are unlikely to counter margin pressures. Cutting the investment bank's recommendation on the stock to neutral from buy, the analysts tell clients that they see only limited release capacity. They believe that QBE's U.S. surplus has moderated since fiscal 2022 despite top-ups, and flag declining international reserve ratios. In Asia-Pacific, they warn that releases driven by compulsory third-party motor insurance and lenders mortgage insurance could be hard to sustain. The analysts say a recent rerate was justified, but are skeptical on further upside. UBS lifts its target price 8.1% to 27.30 Australian dollars. Shares are down 0.2% at A$25.41. (stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 20, 2026 23:34 ET (03:34 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4107","symbol_name":"财产与意外伤害保险","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2653228028","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2653228028","pubTimestamp":1784604840,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0334 GMT - QBE Insurance loses its bull at UBS, where analysts think that reserve releases are unlikely to counter margin pressures. Cutting the investment bank's recommendation on the stock to neutral from buy, the analysts tell clients that they see only limited release capacity. They believe that QBE's U.S. surplus has moderated since fiscal 2022 despite top-ups, and flag declining international reserve ratios. In Asia-Pacific, they warn that releases driven by compulsory third-party motor insurance and lenders mortgage insurance could be hard to sustain. The analysts say a recent rerate was justified, but are skeptical on further upside. UBS lifts its target price 8.1% to 27.30 Australian dollars. Shares are down 0.2% at A$25.41.  Dow Jones NewswiresJuly 20, 2026 23:34 ET Copyright  2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4107":"财产与意外伤害保险","QBIEY":"QBE Insurance Group Ltd.","QBE.AU":"QBE INSURANCE GROUP LTD","BK7034":"财产与意外伤害保险"},"translate_title":"由于对准备金释放持谨慎态度，QBE 失去了多头","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"QBIEY":0.9,"QBE.AU":0.9},"content_text":"0334 GMT - QBE Insurance loses its bull at UBS, where analysts think that reserve releases are unlikely to counter margin pressures. Cutting the investment bank's recommendation on the stock to neutral from buy, the analysts tell clients that they see only limited release capacity. They believe that QBE's U.S. surplus has moderated since fiscal 2022 despite top-ups, and flag declining international reserve ratios. In Asia-Pacific, they warn that releases driven by compulsory third-party motor insurance and lenders mortgage insurance could be hard to sustain. The analysts say a recent rerate was justified, but are skeptical on further upside. UBS lifts its target price 8.1% to 27.30 Australian dollars. Shares are down 0.2% at A$25.41. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 20, 2026 23:34 ET (03:34 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}