Jan 23 (Reuters) - Australia's biggest insurer QBE Insurance Group (QBE) said on Tuesday it expects to report a full year after-tax loss of about A$1.2 billion ($961.80 million), hurt by impairment charges in its North American operations.
The company flagged in a statement that it expects its combined operating ratio (COR), a percentage of claims payouts against premium income, could rise to 104 percent, above the target COR range of 100-102 percent.
($1 = 1.2477 Australian dollars)
News: QBE Australia's QBE Insurance sees FY after-tax loss of $961.8 mln
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Last
$20.82 |
Change
0.260(1.26%) |
Mkt cap ! $31.43B | |||
| Open | High | Low | Value | Volume |
| $20.70 | $21.03 | $20.51 | $42.04M | 2.017M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16075 | $20.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.82 | 2745 | 2 |
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| Last trade - 16.10pm 12/09/2025 (20 minute delay) ? |
| QBE (ASX) Chart |