QBE CEO bemoans 'disappointing' loss in 2020, scraps dividend

19-02-2021

QBE CEO bemoans 'disappointing' loss in 2020, scraps dividend

Richard Pryce, CEO QBE Europe

Australia-headquartered QBE Insurance Group reported "disappointing" results for the last financial year as COVID-19, mounting catastrophe losses and adverse prior year claims development took their toll. In light of the substantial 2020 statutory loss, the company's board has decided not to declare a final dividend.


QBE, 2020 Results, Insurance, Reinsurance, Richard Pryce, North America

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