QBE Insurance Group reports stellar performance
QBE Insurance Group (ASX:QBE) announced that its full-year net profit more than doubled, propelled by robust premium growth supported by renewal rate increases, new business expansion, and notably, a surge in investment income from its $US30 billion ‘float.’ The insurer, reporting in US dollars, revealed earnings of $US1.36 billion for the 12 months ending in […]
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