Nov 21 (Reuters) - QBE Insurance Group Ltd (QBE) :
- PERFORMANCE UPDATE
- GROWTH IN GROSS WRITTEN PREMIUM REMAINED STRONG IN 3Q22, UP 6% ON PCP
- IN THE YEAR TO SEPTEMBER, GROUP GROSS WRITTEN PREMIUM GROWTH WAS 12% ON THE PRIOR PERIOD
- TO OCTOBER, NET COST OF CATASTROPHE CLAIMS IN SECOND HALF IS TRACKING AT A$430M
- EXPECT FY22 GROUP COMBINED OPERATING RATIO OF AROUND 94%
- CONTINUES TO EXPECT FY22 GROUP CONSTANT CURRENCY GROSS WRITTEN PREMIUM GROWTH OF AROUND 10%
- EXPECTS TO STRENGTHEN LONG TAIL RESERVES IN H2 TO BUILD RESILIENCE FOR MORE PROLONGED INFLATIONARY ENVIRONMENT
- CHALLENGING OPERATING CONDITIONS HAVE PERSISTED INTO THE SECOND HALF
- HIGHER THAN EXPECTED CATASTROPHE COSTS INTRODUCED SOME RISK TO ORIGINAL FY OUTLOOK
- EXPECT SUPPORTIVE PREMIUM RATE ENVIRONMENT SHOULD CONTINUE INTO 2023
News: QBE QBE Insurance Group Says Growth In GWP Remained Strong In 3Q22, Up 6%
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Last
$18.08 |
Change
0.070(0.39%) |
Mkt cap ! $27.16B | |||
| Open | High | Low | Value | Volume |
| $18.04 | $18.20 | $18.00 | $63.80M | 3.526M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8327 | $18.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.12 | 489 | 1 |
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| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
$18.09 |
Change
0.070 ( 0.62 %) |
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| Open | High | Low | Volume | ||
| $18.02 | $18.20 | $18.01 | 468237 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| QBE (ASX) Chart |