Update: Australia’s QBE More Than Doubles First-Half Profit, but Misses Estimates August 9, 2024 By Ayushman Ojha and Rishav Chatterjee Australia’s QBE Insurance Group on Friday reported a more than twofold jump in its first-half profit, boosted by higher income...
QBE Insurance Announces $1.9 Billion Loss Portfolio Transfer With Enstar February 17, 2023 By L.S. Howard QBE Insurance Group announced a reinsurance transaction with legacy acquisition specialist Enstar, designed to de-risk the group’s exposure to portfolio...
QBE Reports 22% Surge in Q1 Premiums, Expects Hit From Ukraine War May 4, 2022 Australia’s QBE Insurance Group said on Thursday its first-quarter written premiums grew 22% in constant currency terms, as volatility because...
QBE Reports Full-Year 2020 Loss of $1.5 Billion; No Final Dividend Declared February 22, 2021 QBE officially announced a $1.5 billion bottom-line net loss for 2020 late last week, confirming a figure the Australia-based insurance...
QBE Expects H1 2020 Loss of US$750M on COVID-19, Natural Catastrophe Claims July 22, 2020 QBE Insurance Group expects to report a first-half, after-tax loss of around $750 million, mainly due to COVID-19 claims and...
QBE Withdraws 2020 Financial Targets on COVID-19 Related Economic Uncertainty March 31, 2020 QBE released its 2019 full year results on Feb. 17, 2020, which included an outlook statement that included combined operating...