Jan 23 (Reuters) - Australia's biggest insurer QBE Insurance Group (QBE) said on Tuesday it expects to report a full year after-tax loss of about A$1.2 billion ($961.80 million), hurt by impairment charges in its North American operations.
The company flagged in a statement that it expects its combined operating ratio (COR), a percentage of claims payouts against premium income, could rise to 104 percent, above the target COR range of 100-102 percent.
($1 = 1.2477 Australian dollars)
News: QBE Australia's QBE Insurance sees FY after-tax loss of $961.8 mln
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$22.93 |
Change
-0.275(1.19%) |
Mkt cap ! $34.49B | |||
| Open | High | Low | Value | Volume |
| $23.01 | $23.19 | $22.79 | $4.623M | 201.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 196 | $22.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.93 | 256 | 5 |
View Market Depth
| Last trade - 11.14am 01/08/2025 (20 minute delay) ? |
| QBE (ASX) Chart |