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News: QBE Australia's QBE Insurance reports 35% jump in H1 profit

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    Aug 15 (Reuters) - Australia's QBE Insurance Group (QBE) said on Thursday its first-half fiscal 2019 cash profit rose 35%, helped by lower claims losses and robust investment return.

    The country's third-largest listed insurer's cash profit for the six months ended June 30 rose to A$520 million ($351.05 million) from A$385 million a year ago.

    ($1 = 1.4813 Australian dollars)

 
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