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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

BUZZ-Australia's QBE Insurance surges to over 1-1/2-year high on upbeat FY result

Sun 24th February, 2019 11:47pm
** QBE Insurance Group Ltd  QBE.AX  rises as much as 5.5 pct
to A$12.11, highest since Aug. 1, 2017
    ** Insurer says its annual profit after tax on a cash basis
came in at $715 million for the year ended Dec. 31, compared
with a loss of $262 million a year ago  urn:newsml:reuters.com:*:nL3N20J0D7
    ** Co also flagged higher overall profitability in 2019
    ** Stock posts biggest intra-day pct gain since Aug. 16,
2018 and is on track for third straight session of gains
    ** Stock has gained 13.7 pct this year as of last close
    
    

 ((Reuters Messaging: shanima.a.thomsonreuters.com@reuters.net))
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