20 August 2014Insurance

QBE profits drop; completes capital raising

Australian insurer QBE Insurance posted an 18 percent fall in its net profits in the first half of 2014 as it announced plans to partially float its mortgage insurance business and raised some $600 million of new capital.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Week Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
22 October 2026   Chubb needn’t wait for price recovery: it’s got market reach and fading portfolio drag.
Insurance
22 October 2026   Growth comes as firm ‘embraces AI and analytics while remaining grounded’.
Insurance
22 October 2026   Programme extends its non-payment insurance underwriting to diversified credit pools.