QBE to moderate 2010 growth plan
The managing director of QBE's property division has admittted it will "cut back its ambitions" for immediate growth as a result of the benign rating environment but that the end game is still to have a 10% market share by 2015.
Bernard Mageean insisted QBE's immediate plans are to focus "on profit, not growth", across its property book for 2010.
Speaking at a briefing last week, Mr Mageean claimed that the insurer's share
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