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QBE - QBE Insurance News Story

A$8.83 -0.1  -0.6%

Last Trade - 29/05/20

Sector
Financials
Size
Large Cap
Market Cap £6.21bn
Enterprise Value £8.52bn
Revenue £11.85bn
Position in Universe 42nd / 1842

BRIEF-QBE Insurance updates on hurricane impact on co

Mon 2nd October, 2017 11:58pm
Oct 3 (Reuters) - QBE Insurance Group Ltd  QBE.AX : 
    * Hurricanes market update 
    * QBE has increased its 2017 large individual risk and 
catastrophe claims allowance 
    * Group has increased its 2017 allowance for large 
individual risk and catastrophe claims to $1.75bn 
    * There is a pre-tax impact to earnings of about $600m 
    * Group's 2017 combined operating ratio target range now 
moves to 100.0%-102.0% 
 
Source text for Eikon:  ID:nASX5bZQzf  
Further company coverage:  QBE.AX  
 
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