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)
Jan 23 (Reuters) - Australia's biggest insurer QBE Insurance...
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Last
$21.16 |
Change
-0.230(1.08%) |
Mkt cap ! $32.05B | |||
| Open | High | Low | Value | Volume |
| $21.50 | $21.50 | $21.06 | $66.53M | 3.134M |
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| No. | Vol. | Price($) |
|---|---|---|
| 34 | 1956 | $21.16 |
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| Price($) | Vol. | No. |
|---|---|---|
| $21.18 | 4641 | 34 |
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| QBE (ASX) Chart |