Jan 11 (Reuters) - QBE Insurance Group Ltd (QBE) :
- FINALISED RENEWAL OF GROUP'S REINSURANCE PROGRAM EFFECTIVE 1 JANUARY 2021
- FEATURES OF 2021 REINSURANCE PROGRAM INCLUDE MAIN CATASTROPHE TOWER INCREASED TO $3.4BN
- NORTH AMERICA PEAK CATASTROPHE RETENTION OF $200M
- GROUP'S 2021 FINANCIAL PLANS AND PRICING ASSUMPTIONS INCLUDE A NET CATASTROPHE ALLOWANCE OF $685M
- ON A LIKE-FOR-LIKE BASIS, PROBABILITY OF EXCEEDING GROUP'S INCREASED 2021 CATASTROPHE ALLOWANCE IS LOWER THAN IN 2020
- INCREASE IN CATASTROPHE AGGREGATE ATTACHMENT REFLECTS EXPOSURE GROWTH, INCREASED US AND AUSTRALIAN NON-PEAK RETENTIONS
News: QBE QBE Insurance Finalizes Renewal Of 2021 Reinsurance Program
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$16.39 |
Change
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Mkt cap ! $24.67B | |||
| Open | High | Low | Value | Volume |
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|---|---|---|
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