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
QBE Insurance slated for earnings improvement – S&P Global Ratings
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.
QBE Insurance unveils global cyber policy for broader protection
The coverage will be offered in five APAC markets.
Hong Kong’s cyber incidents call for robust protection
Last year alone 7,752 security incidents were recorded.
QBE's profitability rises with underwriting improvements
Moody’s is also optimistic about the insurer’s premium pricing trends.
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AI isn’t replacing insurance, it’s finally making it work