Feb 19 (Reuters) - QBE Insurance (QBE) on Friday posted a bigger annual loss than it forecast two months ago, reflecting the impact from higher COVID-19-related provisions and catastrophe claims.
The Sydney-based insurer incurred an adjusted net loss of $863 million for the year ended Dec. 31, larger than the $780 million it forecast in December. The company posted an adjusted profit of $733 million last year.
News: QBE Asutralia's QBE Insurance posts bigger-than-forecast annual loss on virus costs hit
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Last
$16.39 |
Change
0.110(0.68%) |
Mkt cap ! $24.67B | |||
| Open | High | Low | Value | Volume |
| $16.11 | $16.47 | $16.07 | $55.25M | 3.374M |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14975 | $16.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.40 | 5185 | 1 |
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| QBE (ASX) Chart |