QBE to include $75mn provision in H1 for customer remediation
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

QBE to include $75mn provision in H1 for customer remediation

QBE logo sydney.jpg

QBE will record a provision of $75mn in its H1 disclosures for remediation for customers around unsatisfactory pricing practices.

This comes after the Australian Securities and Investments Commission (ASIC) in October ordered general insurers to review their pricing.

The

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Gift this article