QBE's net profit reach $400 million

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Business Insurance - Aug 11, 2023

Australia-based QBE Insurance Group Ltd.'s net profit after tax increased 733% year-on-year to $400 million in the first half of the year, primarily due to an investment income surge of $662 million, Reinsurance News reported. The insurer's gross written premium increased 13%, supported by group-wid...

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