QBE full-year profit slides

North American operations to weigh on insurer, global transformation strategy on track.

QBE Insurance Group (QBE) has posted a steep full-year loss as its North American operations continue to weigh, however the insurer says its global transformation strategy is progressing well.

In the year to December 31, QBE posted a loss of $US254 million, a steep 133% decline on the $US761 million profit posted in the prior year.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles