QBE

QBE’s combined operating ratio – a key gauge of profitability which compares premiums with claims and expenses – improved from 95 per cent to 93.7 per cent. That included a turnaround in North America from 102.9 per cent to 98.9 per cent. A…

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QBE chief executive Andrew Horton says the pace of inflation will be a crucial influence on insurance premiums, which continue to surge as Australian insurers continue to deal with a deluge of disaster claims.The global insurer became the…

QBE’s new chief executive Andrew Horton says broad-based inflation and escalating natural disaster costs will continue to drive premiums higher in 2022, as he attempts to make the insurer’s profits less volatile.QBE shares plunged 8.1 per…