QBE records $1.2bn loss for 2017


Australia headquartered QBE has reported a net loss of $1.25 billion for 2017 driven by record catastrophes in the second half of 2017 together with deterioration in its emerging markets businesses and two significant non-cash items.

QBE Insurance Group, 2017 results, Catastrophe losses, Combined ratio, Australia, Asia Pacific, Global

Intelligent Insurer