Insurance Age

56% increase for QBE

QBE announced a 56% increase in net profit to a record £372m. The combined operating ratio was 86.2% compared with 87.9% for the same period last year. Insurance profit was 22.2% (2006 H1: 18.7%). According to the insurer, the improvement in net profit was mainly due to a continued low frequency and severity of claims, higher investment yields and recent acquisitions.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: