QBE International posts rise in GWP but fall in underwriting result for 2019

arrows-up-down

The division, which includes its UK business, also saw an improved combined operating ratio of 95.4%.

QBE has reported a 5% rise in gross written premium to $4.92bn (£3.78bn) in its international division for the full year 2019.

In addition, its combined operating ratio for the international division, which includes its European Operations and its Asian business, improved to 95.4% in 2019 from 95.9% in 2018.

The division also saw net earned premiums fall to $4.09bn from $4.22bn in the preceding year and a dip in its underwriting result to $87m (2018: $170m).

In 2019, QBE moved its European

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 info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

Meet the MGA feature: Arc Legal 

Arc Legal CEO Lee Taylor outlines the value in having a supportive parent of the scale of AmTrust; and why it makes sense to keep an eye on legislation and social changes in order to innovate and develop new products.

Most read articles loading...

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: