Latest news with #QBEInsurance
Yahoo
27-05-2025
- Business
- Yahoo
QBE Insurance Group's (ASX:QBE) five-year earnings growth trails the solid shareholder returns
When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, you can make far more than 100% on a really good stock. Long term QBE Insurance Group Limited (ASX:QBE) shareholders would be well aware of this, since the stock is up 166% in five years. And in the last month, the share price has gained 8.5%. But this could be related to good market conditions -- stocks in its market are up 5.1% in the last month. Since it's been a strong week for QBE Insurance Group shareholders, let's have a look at trend of the longer term fundamentals. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. Over half a decade, QBE Insurance Group managed to grow its earnings per share at 21% a year. This EPS growth is remarkably close to the 22% average annual increase in the share price. Therefore one could conclude that sentiment towards the shares hasn't morphed very much. Rather, the share price has approximately tracked EPS growth. The image below shows how EPS has tracked over time (if you click on the image you can see greater detail). We consider it positive that insiders have made significant purchases in the last year. Even so, future earnings will be far more important to whether current shareholders make money. Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here.. When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. As it happens, QBE Insurance Group's TSR for the last 5 years was 206%, which exceeds the share price return mentioned earlier. And there's no prize for guessing that the dividend payments largely explain the divergence! We're pleased to report that QBE Insurance Group shareholders have received a total shareholder return of 37% over one year. That's including the dividend. Since the one-year TSR is better than the five-year TSR (the latter coming in at 25% per year), it would seem that the stock's performance has improved in recent times. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Even so, be aware that QBE Insurance Group is showing 1 warning sign in our investment analysis , you should know about... QBE Insurance Group is not the only stock that insiders are buying. For those who like to find lesser know companies this free list of growing companies with recent insider purchasing, could be just the ticket. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Australian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Telegraph
24-05-2025
- Automotive
- Telegraph
Electric car fires up 77pc in two years
Electric car fires have increased by 77 per cent over the past two years, new figures have revealed. There were 232 blazes attended by fire brigades last year, up from 131 three years ago, according to the data. Electric car fires are more dangerous than petrol or diesel car fires because they are extremely hard to extinguish. Whereas petrol and diesel fires can be smothered by water, foam or fireproof blankets, lithium-ion battery fires are self-sustaining – meaning they continue to burn until the entire battery is consumed. Such fires are normally the result of 'thermal runaway', where batteries start to irreversibly overheat, usually owing to impact damage, over-charging or over-heating. Despite the risks, the Government has pressed on with its zero emission vehicle mandate, which will see a total ban on sales of new petrol and diesel cars by the year 2030. Jonathan Reynolds, the Business Secretary, refused pleas by the motor industry earlier this year to push back the deadline. Earlier this month CCTV footage caught the moment an electric vehicle fire spread to a family's home in Hampshire after bursting into flames at around 5am. While the family managed to escape unhurt, domestic fires involving electric vehicles, electric bike or e-scooter batteries are highly risky. It comes as the number of electric vehicles on British roads jumped from 664,000 to more than 1.3 million in 2024. Adrian Simmonds, the practice leader for property risk solutions at QBE Insurance, which compiled the figures, said: 'Lithium-ion battery fires continue increasing at a worrying pace. 'These fires burn differently, they take longer to tackle, typically need ten times more water to put out and are often more harmful to the surrounding environment. People need to understand the risks and how to deal with them. 'Raising awareness around safe charging, use and disposal of lithium-ion batteries is critical to keeping people and property safe.' Bedfordshire Fire and Rescue Service said damaged lithium-ion batteries were responsible for the majority of fires. A spokesman added: 'Fundamentally, electric vehicles are extremely safe, but the main danger occurs when the lithium-ion battery is damaged, which might happen if it is exposed to extreme heat or something penetrates the battery cell wall.' It is not just cars affected by the rise of electricity-powered devices. Fires involving e-bikes and their lithium-ion batteries, which are similar to those fitted to electric vehicles, doubled over the same period, rising from 181 to 362. Lesley Rudd, the chief executive of the Electrical Safety First charity, warned: 'Substandard e-bike batteries can cause ferocious fires if they fail, releasing toxic vapour into the home and decimating a room in minutes. 'Whilst reputable manufacturers produce high quality and safe devices, the market is being flooded with substandard versions of e-bike batteries that are destroying homes and putting people at risk.' Richard Field, the London Fire Brigade's deputy assistant commissioner for prevention and protection, added that e-bike fires 'have become one of London's fastest-growing fire risks.' Mr Field said: 'They have destroyed homes and families have sadly lost loved ones in these fires. From our investigations, we know many of the fires we've attended have involved the battery or charger of second-hand e-bikes or e-scooters or the bike has been modified using parts bought online.' A government spokesman said: 'There is absolutely no evidence to suggest that fires in EVs are more likely to occur than in petrol or diesel vehicles. EV fires make up a tiny minority of all vehicle fires, with all models going through rigorous fire and electrical safety testing before they are sold in the UK. 'Meanwhile we take the risk of fires caused by lithium-ion batteries very seriously, including those linked to e-bikes and e-scooters. That's why we are updating product safety law to keep the public safe, and cracking down on those trying to import unsafe products via our borders or ports.'
The Herald
13-05-2025
- Business
- The Herald
Tiger Brands settlement in listeriosis class action offered 'without admission of liability'
Tiger Brands, South Africa's biggest food producer, on Monday offered to compensate listeriosis victims, marking a major step towards resolving the class action after a 2017 outbreak that killed about 200 people and sickened more than 1,000. The offer was made by the attorneys representing Tiger Brands lead insurer QBE Insurance on April 25, which made settlement offers to specific classes of claimants who suffered from listeriosis, the company said. The proposal provides for full compensation to claimants for proven damages, subject to a settlement mechanism that still needs to be finalised — including how individual damages will be assessed. To protect the privacy of the individuals participating in the settlement offer, no details of the offer and/or payment will be made public, the company said. The offer has been made 'without admission of liability', Tiger Brands said. In January 2017 an outbreak of listeriosis, a food-borne disease, occurred in South Africa that was traced to a factory run by a Tiger Brands subsidiary at the time, Enterprise Foods, which makes processed sausages, bacon and deli meat.
Reuters
12-05-2025
- Business
- Reuters
South Africa's Tiger Brands offers settlement to plaintiffs in listeriosis class action
JOHANNESBURG, May 12 (Reuters) - Food company Tiger Brands (TBSJ.J), opens new tab on Monday offered to compensate listeriosis victims, marking a major step toward resolving class action after a 2017 outbreak that killed about 200 people and sickened more than 1,000. The offer was made by the attorneys representing Tiger Brands lead insurer, QBE Insurance Group Limited ( opens new tab, on 25 April 2025, which made settlement offers to specific classes of claimants who suffered from listeriosis, the company said in a statement. The current proposal provides for full compensation to claimants for all proven damages, subject to a settlement mechanism that still needs to be finalised - including how individual damages will be assessed. In order to protect the privacy of the individuals participating in the settlement offer no details of the offer and/or payment will be made public. In January of 2017 an outbreak of listeriosis, a food-borne disease, occurred in South Africa that was caused by contaminated processed food produced by a Tiger Brands subsdiary, Enterprise Foods. "Today's announcement represents an important milestone and follows shortly on measures already taken in February 2025 to offer interim relief in the form of advance payments to identified claimants with urgent medical needs," Tjaart Kruger, Chief Executive Officer of Tiger Brands, said in a statement. The attorneys representing the plaintiffs will present the offer to the claimants who qualify whereas those who accept the offer will have the damages quantified. It is expected that this process will take several weeks. Before it can take effect, the High Court must review and approve the agreement to ensure it fairly protects class members' interests.
News.com.au
09-05-2025
- Business
- News.com.au
Closing Bell: ASX climbs on banks and tech strength; world waits for US-China trade chat
ASX lifts 0.48pc as attention turns to US-China trade talks Info Tech leads gains, up 1.83pc with All Tech Index climbing 1.36pc Materials lags behind, slipping 0.46pc The ASX was significantly less squirrely today, seeming to gain confidence as it extended its upward trajectory at midday to finish up 0.48% overall. Most of that momentum came from Info Tech (+1.83%) and Financials stocks (+1.10%) with much of the latter supported by upward movements from the banks. Westpac (ASX:WBC) lifted 2.33%, Macquarie Group (ASX:MQG) 3.79% and QBE Insurance (ASX:QBE) 3.48%. As for tech, there were some strong movements in the midcaps. Megaport (ASX:MP1) jumped 3.91%, Objective Corporation (ASX:OCL) 2.79% and Data#3 (ASX:DTL) 2.5%. The Tech Index climbed 1.32%, while the ASX200 Banks nudged up 0.73%. With trade talks between the US and China scheduled for this weekend, we may wake up on Monday to a very different market sentiment. World awaits result of US-China trade talks It feels a bit like we've all been forced to witness a giant game of chicken, one with a hell of a lot on the line. The US Treasury Secretary Scott Bessent is set to meet with Chinese officials in Geneva tomorrow, with the goal of normalising trade between the two nations. 'I look forward to productive talks as we work towards rebalancing the international economic system towards better serving the interests of the United States,' Bessent said in a statement announcing the upcoming dialogue. At present, the US and China are essentially in a trade embargo, with respective +125% tariffs making bilateral trade far too expensive to countenance for most businesses. Analysts say it's going to have a dampening effect on global growth. As expenses for US businesses grow, they'll have less money to splash around in the rest of the world. Neither party have shown any signs of backing down, with Trump shooting down rumours the US was considering reducing tariffs by half and Chinese Vice Foreign Minister Hua Chunying stating simply, 'We have no fear'. While there's very little guarantee any real progress will be made in Switzerland tomorrow, many markets are betting there will be some kind of easing in tensions – or perhaps they think Trump will back down again. Given how mercurial his moods – and therefore his policy – can be, it's probably not the worst bet you could make. The first signs of strain in the global economy are beginning to show, although the worst is certainly yet to come as inventories empty and stockpiles deplete in time. The US is staring down the barrel of a serious stagflation threat, while China's Politburo, its second-most powerful political body, has cautioned officials to prepare for 'worst-case scenarios' due to the impact of 'external shocks'. What's increasingly clear, is that while Trump and China play their zero-sum game, the rest of us are all losing. ASX SMALL CAP LEADERS Today's best performing small cap stocks: Security Name Last % Change Volume Market Cap GGE Grand Gulf Energy 0.004 100% 12430706 $5,600,774 WEL Winchester Energy 0.002 100% 1000000 $1,363,019 AYM Australia United Min 0.003 50% 105099 $3,685,155 EEL Enrg Elements Ltd 0.0015 50% 2676335 $3,253,779 TMK TMK Energy Limited 0.003 50% 16525088 $20,444,766 VPR Voltgroupltd 0.0015 50% 667047 $10,716,208 FHS Freehill Mining Ltd. 0.005 43% 1305474 $11,317,347 FIN FIN Resources Ltd 0.007 40% 750767 $3,474,442 CMD Cassius Mining Ltd 0.022 38% 1436420 $10,840,090 DDT DataDot Technology 0.004 33% 1250000 $3,632,858 JAL Jameson Resources 0.04 33% 49506 $18,322,000 TASDA Tasman Resources Ltd 0.02 33% 430001 $2,415,749 PCL Pancontinental Energ 0.013 30% 7495949 $81,365,859 ENV Enova Mining Limited 0.009 29% 19761262 $9,894,505 KPO Kalina Power Limited 0.007 27% 5094926 $16,131,334 VRX VRX Silica Ltd 0.057 27% 1333575 $33,628,648 ASR Asra Minerals Ltd 0.0025 25% 207082 $5,412,094 CAV Carnavale Resources 0.005 25% 5191227 $16,360,874 RLL Rapid Lithium Ltd 0.0025 25% 62500 $2,489,889 TEM Tempest Minerals 0.005 25% 703479 $2,938,119 TNC True North Copper 0.185 23% 861843 $18,875,852 TG1 Techgen Metals Ltd 0.0245 23% 607703 $3,173,314 FRS Forrestaniaresources 0.047 21% 25187100 $11,699,995 CRI Criticalim 0.018 20% 9015158 $40,326,729 CUF Cufe Ltd 0.006 20% 13681259 $6,732,874 Making news… Jameson Resources (ASX:JAL) just gave an update on its Crown Mountain hard coking coal project, and it's looking pretty solid. A review by top technical advisers confirmed the project's proven and probable reserves are still good to go, even with the shake-up in costs and coal prices. Since 2020, inflation's pushed up capital and operating costs, but the project's still standing strong, said Jameson. Revised coal price forecasts and adjustments boosted its pre-tax NPV from US$469m to a massive US$942m. Aureka (ASX:AKA) has just scored a major win by bringing on Jozef Story as its new exploration manager. Story's no rookie, he's fresh off four years at Barrick Gold as exploration manager, with over 25 years in the field, including stints at Fosterville and Castlemaine in Victoria. CEO James Gurry is stoked, saying Story's experience gives Aureka the edge to tap into its gold targets at Bendigo, Stawell, and St Arnaud. Winchester Energy (ASX:WEL) has notched a definitive legal win in its battle with Westex Resources, after the courts dismissed all orders against the company. Westex previously alleged Winchester had failed to meet agreed farm-in work commitments and attempted to claim damages. None were awarded, and WEL's directors expect no further action to be taken related to the dispute. Identification and security solution firm DataDot Technology (ASX:DDT) has netted a major Tier 1 Australian insurer as a customer through its Australian subsidiary, marking the second pilot agreement for the company's PropertyVAULT technology. The PropertyVAULT is a service designed to enhance the identification and recovery of stolen assets, targeted at insurance and insurance recovery sectors. Tempest Minerals (ASX:TEM) has climbed despite launching an entitlement offer at a 9.5% discount to its 5-day VWAP price, seeking to raise up to just under $1.47m. The company wants to channel those funds into exploration on its gold assets, as well as iron ore at the Yalgoo project. TEM recently released an inaugural resource estimate for Yalgoo, coming in at 63.5Mt at 30.6% iron ore content. ASX SMALL CAP LAGGARDS Today's worse performing small cap stocks: Security Name Last % Change Volume Market Cap DTM Dart Mining NL 0.003 -40% 12409271 $3,438,820 BUY Bounty Oil & Gas NL 0.002 -33% 1217227 $4,684,416 CRB Carbine Resources 0.004 -33% 1271859 $3,310,427 EDE Eden Inv Ltd 0.001 -33% 469000 $6,164,822 SKN Skin Elements Ltd 0.002 -33% 17,238 $3,225,642 FNR Far Northern Res 0.12 -29% 36562 $6,845,190 WBE Whitebark Energy 0.005 -29% 1464839 $2,799,347 MDR Medadvisor Limited 0.096 -26% 3806463 $77,703,033 AUK Aumake Limited 0.003 -25% 308600 $12,093,435 BNL Blue Star Helium Ltd 0.006 -25% 1507365 $21,559,082 PHO Phosco Ltd 0.054 -23% 136773 $22,085,581 KRR King River Resources 0.007 -22% 5071874 $13,753,987 TMS Tennant Minerals Ltd 0.007 -22% 282358 $8,603,014 AMS Atomos 0.004 -20% 730870 $6,075,092 AVE Avecho Biotech Ltd 0.004 -20% 391664 $15,867,318 ENT Enterprise Metals 0.002 -20% 1 $2,945,793 JLL Jindalee Lithium Ltd 0.38 -18% 434473 $35,628,915 CHM Chimeric Therapeutic 0.005 -17% 4422914 $10,904,117 IFG Infocusgroup Hldltd 0.005 -17% 4087690 $1,574,561 JAV Javelin Minerals Ltd 0.0025 -17% 21521064 $18,138,447 ODE Odessa Minerals Ltd 0.005 -17% 2707196 $9,597,195 RDS Redstone Resources 0.005 -17% 546336 $5,552,271 MDI Middle Island Res 0.018 -14% 782231 $5,786,248 CRR Critical Resources 0.003 -14% 1723221 $9,149,774 EAT Entertainment 0.006 -14% 500001 $9,161,502 Trading Halts VHM (ASX:VHM) – cap raise
