middle.news
QBE Delivers 8% Premium Growth Amid Rising Catastrophe Costs
8:27am on Friday 9th of May, 2025 AEST
•
Financials
Read Story
QBE Delivers 8% Premium Growth Amid Rising Catastrophe Costs
8:27am on Friday 9th of May, 2025 AEST
Key Points
1Q25 gross written premium growth of 8% on a constant currency basis
Approximately $100 million drag from non-core line run-offs in North America
Catastrophe claims of ~$420 million in first four months, including LA wildfires and Queensland floods
Investment portfolio grew to $31.6 billion with positive returns despite market volatility
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
QBE Insurance (ASX:QBE)
OPEN ARTICLE