QBE International posts 93.2% CoR for H1 as group EPS soars
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QBE International posts 93.2% CoR for H1 as group EPS soars

Abbie Day
10 August 2023
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QBE international has reported a combined ratio of 93.2% for H1, a 2.2-point improvement on the prior year, as the unit benefited from reserve releases and a lower ex-cat claims ratio, which dropped 1.6 percentage points to 57.9%.

QBE International's H1 GWP rose by 16.1% to $5.1bn following an acceleration in rate increases for property and reinsurance lines, as well as organic growth across many multi-year policies.

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