** Shares of insurer QBE Insurance QBE.AX rise 1.2% to A$22.34
** QBE is expected to see an enhanced topline growth in 2025 due to positive global industry trends, as per Morgan Stanley
** Brokerage maintains "overweight" rating, hikes PT to A$25.05 from A$23.80
** Says global insurance industry is experiencing growth mode, with pricing near peaks and exposures continuing to grow, setting up mid- to high-single-digit premium growth across Property & Casualty and Specialty sectors
** Adds that the U.S. market presents significant growth opportunities for QBE, with premiums growing about 16% YoY in February for California, Florida and Texas
** Cyber insurance is perceived as a $24 billion opportunity, with Morgan Stanley's analysts estimating cyber insurance Gross Written Premiums growing at ~15% CAGR to $24 billion in 2027E
** QBE set for weekly gains of 2.3%
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk;))