QBE qbe insurance group limited

July 19 (Reuters) - QBE Insurance Group Ltd (QBE) : QBE...

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    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
 
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(20min delay)
Last
$22.75
Change
0.220(0.98%)
Mkt cap ! $34.35B
Open High Low Value Volume
$22.50 $22.80 $22.48 $39.39M 1.737M

Buyers (Bids)

No. Vol. Price($)
6 7506 $22.75
 

Sellers (Offers)

Price($) Vol. No.
$22.76 135 1
View Market Depth
Last trade - 16.10pm 28/07/2025 (20 minute delay) ?
QBE (ASX) Chart
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