QBE

QBE is a trusted provider of specialist expertise and professional insurance services. Its insurance specialists develop leading-edge products that are client-focused, delivering cover tailored to deal with everything from complex risks to more simple and straightforward insurance needs.

See below for the Latest QBE News, Analysis, Profit Results, Share Price Information, and Commentary

65% of Hong Kong SMEs lack business interruption coverage

Rising property rental prices remained top concern for the second consecutive year.

QBE Asia names CEO for new role

He is currently CEO of QBE Singapore.

QBE Insurance slated for earnings improvement – S&P Global Ratings

The insurer outperformed catastrophe loss projections.

29% of micro-SMEs can't handle $10k setback despite coverage

59% of micro-SMEs have not updated their insurance since starting their business.

Why a third of Singaporean SMEs don’t use cyber insurance

Amongst those without coverage, half considered purchasing a policy.

QBE underwrites CyberFender for Singapore SMBs protection

It protects against security breaches, interruptions, and cyber extortion.

QBE's gross written premiums rise 1.5% to $17.6b in 9M 2024

Strategic portfolio exits have mitigated the impact of catastrophe losses.

QBE Capital Global's outlook stable: AM Best

The ratings reflect the strategic importance of both entities within the QBE group.

QBE, YAS debut pay-as-you-sell insurance for Hong Kong merchants

It is designed for HK-based merchants expanding in the US market.

Li-Ion battery reliance impact insurers heavily, geopolitical tensions possible

A Li-Ion factory in South Korea exploded and killed 22 people last year.

Cyberattacks cost Australian businesses $71,600 on average

74% of Australians identify data breaches as a major privacy risk.

QBE's conservative portfolio curbs investment risk

Net profit doubled year-on-year to $806m in H1 2024.

How did APAC insurers fare in 2023?

The average premium earned by these companies grew by just 1.3%.

Extortion cyber attacks rank financial services as 4th most targeted

Australia and New Zealand more vulnerable compared to firms in Europe or North America.

QBE doubles net profits to $802m in H1 2024

Its gross written premium increased by 2%.

QBE's conservative investments support stability

Its net/net combined ratio improved to 91.2% for 2023.