QBE International insurance profit more than doubles to $716mn for 2021
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QBE International insurance profit more than doubles to $716mn for 2021

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QBE International’s pre-tax insurance profit for 2021 more than doubled to $716mn as the unit benefited from surging rates, underwriting discipline and favourable prior-year development.

At a group level, QBE reported a return to profit, posting a pre-tax result of $1.2bn compared with a $727mn loss the previous year.

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