Rating agency Fitch has revised its outlook for Australian (re)insurance giant QBE to stable from negative.
Fitch said the revised outlook reflected its view that QBE's stronger operating performance, including an improvement in reserve adequacy, was more supportive of the remaining goodwill on the group's balance sheet.
The group implemented a number of initiatives during 2014 that strengthened its capital and financial leverage ratios.
Fitch said it was important for QBE to generate above-average underwriting results to support earnings and...
Rating agency Fitch has revised its outlook for Australian...
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Last
$21.39 |
Change
-2.060(8.78%) |
Mkt cap ! $32.29B | |||
| Open | High | Low | Value | Volume |
| $23.17 | $23.24 | $21.34 | $152.5M | 6.973M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9526 | $21.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.48 | 16420 | 3 |
View Market Depth
| Last trade - 16.14pm 08/08/2025 (20 minute delay) ? |
| QBE (ASX) Chart |