QBE has platform for growth, says Pryce
Europe division reports increase in profit and improved COR.
Richard Pryce, chief executive officer of European operation at QBE has praised the division's half year results as "stand out" for the group.
According to Pryce the numbers reflect "all that we have been trying to do in the last couple of years".
For the first six months of 2015 QBE group achieved a 1% rise in gross written premium (GWP) to $8.56bn, a 24% rise in net profit after tax to $488m and an improved combined operating ratio of 95.3%.
"This is the platform [for growth] because the
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