Moody’s revises QBE’s outlook to “stable” over robust underwriting performance

Share!

Business Insurance - Jun 28, 2022

U.S.-based Moody’s Investors Service Inc. expects Australia-based QBE Insurance Group Ltd.’s strong underwriting performance from 2021 to continue for another 12 to 18 months, driven by continued rate hikes, declining attritional claims ratios and high levels of customer retention....

Read Full Article

Recommended Articles

South Korean insurers post combined net profits of nearly $6 billion

Posted: Aug 22, 2023

South Korean insurers’ combined net profits increased to around 8 trillion South Korean won ($5.95 b...

P&C insurance market sees reduced capacity on risks

Posted: Aug 22, 2023

According to a new report from Aon PLC, South Africa’s insurance market is continuing to see reduced...

Latin Re obtains license to operate in Lloyd’s marketplace

Posted: Aug 22, 2023

Independent insurance brokerage Latin RE is the first Brazilian broker to get a license to operate d...