QBE’s profit more than doubles to $802m in H1’24

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Reinsurance News - Aug 09, 2024

Australian insurer QBE has reported a statutory net profit after tax of $802 million for the first half of 2024, compared with $400 million last year, as the combined ratio improved to 93.8% from 98.8% on the back of lower catastrophe costs, more stable reserve development, and supportive premium ra...

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