QBE Insurance Group (QBE): Interim result - Improvement across the board

Bell Potter


QBE reported ROE of 8.9% (BP 8.2%), GWP US$8.7bn (BP US$8.1bn), NEP US$6.2bn (BP US$6.1bn). Combined Operating Ratio (COR) was 95%, adjusted for sale of Argentine workers’ compensation business and one-off costs 93% (BP 94%). Read our full summary here: (VIEW LINK)

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Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.

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