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Why is the QBE share price racing ahead of the benchmark on Friday?

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The QBE Insurance Group Ltd (ASX: QBE) share price is lifting off today.

Shares in the S&P/ASX 200 Index (ASX: XJO) insurance giant closed yesterday trading for $21.83. In morning trade on Friday, shares are swapping hands for $22.36 apiece, up 2.4%.

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