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QBE Posts 31% Profit Surge, Boosts Dividend, Eyes Resilient 2025
2:55am on Monday 2nd of June, 2025 AEST
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QBE Posts 31% Profit Surge, Boosts Dividend, Eyes Resilient 2025
2:55am on Monday 2nd of June, 2025 AEST
Key Points
31% rise in 2024 net profit after tax to $1.779 billion
Combined operating ratio improved to 93.1%, outperforming targets
Full-year dividend increased to 87 Australian cents per share
2025 outlook targets mid-single digit premium growth and ~92.5% combined ratio
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