QBE’s H1’23 net profit soars to $400m on huge investment income

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Reinsurance News - Aug 10, 2023

QBE announced net profit after tax of $400 million for the first half of 2023, compared with $48 million in the same six-month period last year. The rise mainly owed to an H1 investment income of $662 million, versus a loss of $20 million last year, reflecting the significant increase in interest ra...

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