July 19 (Reuters) - QBE Insurance Group Ltd (QBE) :
- QBE ANNOUNCES IMPACT OF AUSTRALIAN PRICING PROMISE REVIEW-QBE.AX
- BEEN INVESTIGATING PRICING PRACTICES DATING BACK SEVERAL YEARS, ACROSS A NUMBER OF DIFFERENT POLICY ADMINISTRATION SYSTEMS & PRODUCTS
- HAS IDENTIFIED INSTANCES WHERE POLICY PRICING PROMISE WAS NOT FULLY DELIVERED
- TO RECORD PROVISION IN 1H22 TO ACCOUNT FOR EXPECTED CUSTOMER REMEDIATION, INTEREST PAYABLE, OTHERS OF $75M BEFORE TAX
- WORKING PROMPTLY TO CLOSE OUT OUR PROCESS, AND REMEDIATE IMPACTED CUSTOMERS
- PROVISION IN H122 WILL BE EXCLUDED FROM MANAGEMENT BASIS UNDERWRITING RESULT
July 19 (Reuters) - QBE Insurance Group Ltd (QBE) : QBE...
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Last
$16.79 |
Change
-0.180(1.06%) |
Mkt cap ! $25.22B | |||
| Open | High | Low | Value | Volume |
| $16.87 | $16.94 | $16.69 | $33.92M | 2.020M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2466 | $16.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.79 | 1874 | 2 |
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| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| QBE (ASX) Chart |