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QBE - QBE Insurance News Story

A$8.19 0.0  0.1%

Last Trade - 7:10am

Sector
Financials
Size
Large Cap
Market Cap £5.73bn
Enterprise Value £8.08bn
Revenue £12.00bn
Position in Universe 48th / 1837

BRIEF-QBE Insurance Group Updates On Ogden Discount Rate Decision

Fri 19th July, 2019 2:31am
July 19 (Reuters) - QBE Insurance Group Ltd  QBE.AX :
    * OGDEN DISCOUNT RATE DECISION ANNOUNCED
    * SEES ADOPTION OF REVISED STATUTORY RATE RESULT ONE-OFF
INCREASE
IN NET CENTRAL ESTIMATE OF OUTSTANDING CLAIMS LIABILITIES OF $60
MILLION
    * IMPACT WILL BE REPORTED AS AN ADJUSTMENT TO 1H19 AND FY19
STATUTORY RESULTS

Source text for Eikon:  ID:nASX8ZCjQZ 
Further company coverage:  QBE.AX 

 ((Reuters.Briefs@thomsonreuters.com;))
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