April 14 (Reuters) - Australia's QBE Insurance Group (QBE) on Tuesday said it was looking to boost its capital through an equity raising to stave off the impact from the coronavirus outbreak and also posted a strong premium growth in the first quarter.
The company is looking to raise about $750 million through an institutional placement and $75 million through a share purchase plan.
Despite the disruption from the pandemic, the insurer posted an over 9% rise in gross written premiums in the first quarter.
April 14 (Reuters) - Australia's QBE Insurance Group (QBE) on...
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Last
$23.09 |
Change
0.180(0.79%) |
Mkt cap ! $34.86B | |||
| Open | High | Low | Value | Volume |
| $22.86 | $23.19 | $22.69 | $65.46M | 2.839M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1000 | $23.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $23.10 | 152 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| QBE (ASX) Chart |