QBE reports FY net profit of $770m, cites resilient underwriting performance

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Reinsurance News - Feb 17, 2023

Australian headquartered insurer QBE has reported a net profit of $770m in its full year 2022 results, a $20m increase from the previous year. Adjusted cash profit after tax increased to $847m from $805m in 2021, resulting in an adjusted cash return on equity of 10.5%. QBE states that despite height...

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