Nov 21 (Reuters) - QBE Insurance Group Ltd (QBE) :
- PERFORMANCE UPDATE
- GROWTH IN GROSS WRITTEN PREMIUM REMAINED STRONG IN 3Q22, UP 6% ON PCP
- IN THE YEAR TO SEPTEMBER, GROUP GROSS WRITTEN PREMIUM GROWTH WAS 12% ON THE PRIOR PERIOD
- TO OCTOBER, NET COST OF CATASTROPHE CLAIMS IN SECOND HALF IS TRACKING AT A$430M
- EXPECT FY22 GROUP COMBINED OPERATING RATIO OF AROUND 94%
- CONTINUES TO EXPECT FY22 GROUP CONSTANT CURRENCY GROSS WRITTEN PREMIUM GROWTH OF AROUND 10%
- EXPECTS TO STRENGTHEN LONG TAIL RESERVES IN H2 TO BUILD RESILIENCE FOR MORE PROLONGED INFLATIONARY ENVIRONMENT
- CHALLENGING OPERATING CONDITIONS HAVE PERSISTED INTO THE SECOND HALF
- HIGHER THAN EXPECTED CATASTROPHE COSTS INTRODUCED SOME RISK TO ORIGINAL FY OUTLOOK
- EXPECT SUPPORTIVE PREMIUM RATE ENVIRONMENT SHOULD CONTINUE INTO 2023
News: QBE QBE Insurance Group Says Growth In GWP Remained Strong In 3Q22, Up 6%
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Last
$22.75 |
Change
0.220(0.98%) |
Mkt cap ! $34.35B | |||
| Open | High | Low | Value | Volume |
| $22.50 | $22.80 | $22.48 | $39.39M | 1.737M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 7506 | $22.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.76 | 135 | 1 |
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| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| QBE (ASX) Chart |