QBE qbe insurance group limited

News: QBE QBE Insurance says HY net profit declined 46%

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    Aug 17 (Reuters) - QBE Insurance Group Ltd (QBE) :

    • HY revenue from ordinary activities down 1% US$7.89 billion
    • HY net profit for the period attributable to ordinary equity holders of the company down 46% to US$265 million
    • "The long-term outlook for emerging markets remains positive"
    • Headline gross written premium decreased 5% during the half year to $8.12 billion
    • "Expect recent market volatility to continue"
    • All figures in US$

 
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