QBE Insurance Group (OTCMKTS:QBIEY) Shares Down 1.2% – Should You Sell?

QBE Insurance Group Limited – Sponsored ADR (OTCMKTS:QBIEY)’s share price fell 1.2% during mid-day trading on Wednesday . The company traded as low as $13.95 and last traded at $13.95. 101,115 shares changed hands during mid-day trading, an increase of 76% from the average session volume of 57,597 shares. The stock had previously closed at $14.12.

QBE Insurance Group Price Performance

The business’s 50-day moving average price is $13.52 and its 200 day moving average price is $13.51.

About QBE Insurance Group

QBE Insurance Group Ltd is an Australian-based multinational insurer that provides a broad range of general insurance and reinsurance products. Headquartered in Sydney, the company operates through two core divisions—General Insurance and Reinsurance—serving retail, commercial and specialty customers across diverse industries. QBE’s offerings encompass property and casualty coverage as well as risk management solutions designed to meet the needs of individuals, small-to-medium enterprises and large corporations.

Founded in 1886 as North Queensland Insurance Co, the business adopted the QBE name in 1973 following a series of mergers with Bankers and Traders Insurance Co and Equitable Fire & General Insurance Co Over more than a century of operations, the firm has expanded its footprint to more than 27 countries, with significant market presence in Australia, North America, Europe, Asia and Latin America.