Australian General Insurers See Strong Investment Returns -- Market Talk

Dow Jones04-09

2339 GMT - Australian general insurers have seen a relatively benign mark to market, with spreads holding relatively stable between end-December and end-March, say Goldman Sachs analysts Julian Braganza and Brian Kim in a note. Underlying yields were broadly stable resulting in a continuation of strong investment returns for the insurers, they say. The good performance of equities also benefited investment returns for the insurers. GS raises QBE's target price by 10% to A$20.58, IAG's by 5.0% to A$6.30 and Suncorp's by 7.9% to A$17.54.(alice.uribe@wsj.com)

(END) Dow Jones Newswires

April 08, 2024 19:39 ET (23:39 GMT)

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.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2426079979?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-04-09 07:39","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2426079979","market":"nz","top_or_hot":-1,"title":"Australian General Insurers See Strong Investment Returns -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2339 GMT - Australian general insurers have seen a relatively benign mark to market, with spreads holding relatively stable between end-December and end-March, say Goldman Sachs analysts Julian Braganza and Brian Kim in a note. Underlying yields were broadly stable resulting in a continuation of strong investment returns for the insurers, they say. The good performance of equities also benefited investment returns for the insurers. GS raises QBE's target price by 10% to A$20.58, IAG's by 5.0% to A$6.30 and Suncorp's by 7.9% to A$17.54.(alice.uribe@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 08, 2024 19:39 ET (23:39 GMT)\n</p>\n<p>\n  Copyright (c) 2024 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>Australian General Insurers See Strong Investment Returns -- Market Talk</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\">\nAustralian General Insurers See Strong Investment Returns -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-09 07:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>2339 GMT - Australian general insurers have seen a relatively benign mark to market, with spreads holding relatively stable between end-December and end-March, say Goldman Sachs analysts Julian ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XKO.AU","symbol_name":"标普/澳交所 300指数","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2426079979","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2426079979","pubTimestamp":1712619540,"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":"2339 GMT - Australian general insurers have seen a relatively benign mark to market, with spreads holding relatively stable between end-December and end-March, say Goldman Sachs analysts Julian Braganza and Brian Kim in a note. Underlying yields were broadly stable resulting in a continuation of strong investment returns for the insurers, they say. The good performance of equities also benefited investment returns for the insurers. GS raises QBE's target price by 10% to A$20.58, IAG's by 5.0% to A$6.30 and Suncorp's by 7.9% to A$17.54.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"XKO.AU":"标普/澳交所 300指数","BK4588":"碎股","BK4550":"红杉资本持仓","BK4552":"Archegos爆仓风波概念","XJO.AU":"标普/澳交所 200指数","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","BK4504":"桥水持仓","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","IAG.AU":"INSURANCE AUSTRALIA GROUP","BK4127":"投资银行业与经纪业","BK4107":"财产与意外伤害保险","SNMCY":"Suncorp Group Ltd","QBE.AU":"QBE INSURANCE GROUP LTD","SUN.AU":"SUNCORP GROUP LTD","QBIEY":"QBE Insurance Group Ltd.","BK7034":"财产与意外伤害保险","BK4585":"ETF&股票定投概念","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","XAO.AU":"标普/澳交所 普通股指数","LU0106831901.USD":"贝莱德世界金融基金A2"},"translate_title":"澳大利亚一般保险公司看到强劲的投资回报——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XKO.AU":1,"XJO.AU":1,"XAO.AU":1,"SUN.AU":0.9,"SNMCY":0.9,"QBIEY":0.9,"QBE.AU":0.9,"IAG.AU":0.9},"content_text":"2339 GMT - Australian general insurers have seen a relatively benign mark to market, with spreads holding relatively stable between end-December and end-March, say Goldman Sachs analysts Julian Braganza and Brian Kim in a note. Underlying yields were broadly stable resulting in a continuation of strong investment returns for the insurers, they say. The good performance of equities also benefited investment returns for the insurers. GS raises QBE's target price by 10% to A$20.58, IAG's by 5.0% to A$6.30 and Suncorp's by 7.9% to A$17.54.(alice.uribe@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 08, 2024 19:39 ET (23:39 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2426079979"}