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QBE Insurance Group Ltd Sponsored American Depository Receipt (Australia), also called QBE Insurance, is a general insurance and reinsurance company. It underwrites general insurance and reinsurance risks and also provides investment management. Read More The company was founded in 1973 and is headquartered in Sydney, Australia. QBIEY is listed on the Pink Current market tier. OTC market data is provided by OTC Markets Group, Inc (otcmarkets.com).
Sydney, New South Wales (NSW)
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Insurance JournalFeb 27
QBE Takes Another Step to Reporting Strong Results, Consistently, with 2018 Profit
QBE Insurance Group took another step in its quest to achieve strong results, consistently, by reporting a cash profit after tax of US$715 million during 2018, a significant improvement on the cash loss of US$262 million reported in 2017. Group CEO Pat Regan attributed the results to the company’s restructuring and re-underwriting program, the lower level of global natural catastrophe activity after record industry losses in 2017 as well as lower attritional (or non-catastrophe) losses. QBE’s formula for ...
Markets InsiderFeb 25