May 10 (Reuters) - QBE Insurance Group Ltd (QBE) :
- GROUP CLAIMS EXPERIENCE THROUGH YEAR TO DATE IS TRACKING BROADLY IN LINE WITH PLAN ASSUMPTIONS
- SEES FY24 GROUP COMBINED OPERATING RATIO OF 93.5%
- GROWTH IN GROSS WRITTEN PREMIUM CONTINUED IN 1Q24, UP 2% ON THE PRIOR CORRESPONDING PERIOD
- IN FOUR MONTHS TO APRIL 2024, THE NET COST OF CATASTROPHE CLAIMS IS AROUND $300M
- AS AT QUARTER END, TOTAL INVESTMENT FUM FOR 1Q24 WAS $30.3 BILLION
- SEES FY24 CONSTANT CURRENCY GROSS WRITTEN PREMIUM GROWTH IN MIDSINGLE DIGITS
- CONFIRMS FULL YEAR OUTLOOK
- QBE CURRENTLY ESTIMATES CROP GROSS WRITTEN PREMIUM WILL BE AROUND $3.9B IN FY24
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News: QBE QBE Insurance Says Expects FY24 Group Combined Operating Ratio Of 93.5%
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