A: Thanks for your question about the QBE Share Purchase Plan.

It is a “no brainer” to participate.

The share offer at $10.10 compares very favourably to the current share price of $11.80. The offer closes on Friday.

When you get the shares – you can then make a decision whether to keep them on not.

I am not a huge QBE fan (I sold out at a loss around $11.10) – the market seems to think the worse is now behind them. Further, they will benefit from a stronger USD.