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QBE Insurance Group Limited (ASX:QBE)

ALERT: Price-sensitive ASX Announcement for QBE
Current share price for QBE : $23.090 -0.38 (-1.62%)+
Announcement
Release
14 Aug 2026 7:30AM
Price at Release
$23.470
Full Release
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Summary
For the half-year ending on 30 June 2026, QBE Insurance Group Limited reported strong financial results with an increase in gross written premiums and improvements in their combined operating ratios across their operations. The company experienced a 9% increase in gross written premiums, reaching $7,173 million, indicating robust growth in their international operations, particularly underpinning by QBE Re and other portfolio solutions. The combined operating ratio improved to 91.6%, showcasing efficient underwriting performance and a favorable balance of catastrophe costs despite challenges from large individual claims events. Net investment income also showed solid figures, contributing to a net profit after income tax of $1,033 million. QBE managed to sustain growth while keeping expense ratios stable, reflecting their strategic focus on operational efficiency and risk management.
Key Points
  • Gross written premium increased by 9% to $7,173 million.
  • Combined operating ratio improved to 91.6%.
  • Net profit after income tax was $1,033 million.
  • Solid performance in international operations driven by QBE Re and portfolio solutions.
  • Expense ratios remained stable, supporting efficient operations.
  • Catastrophe claims tracked below allowance despite large individual events.
  • Net investment income contributed positively to overall financial results.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.