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QBE Surges with 6% Premium Growth and Record Underwriting Profit in H1 2025
7:40am on Friday 8th of August, 2025 AEST
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Insurance
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QBE Surges with 6% Premium Growth and Record Underwriting Profit in H1 2025
7:40am on Friday 8th of August, 2025 AEST
Key Points
6% growth in gross written premium, driven by North America and International segments
Combined operating ratio improved to 92.8%, reflecting stronger underwriting discipline
Net profit after tax rose to $1.022 billion, with adjusted return on equity at 19.2%
Robust balance sheet with APRA PCA multiple steady at 1.85x despite increased debt
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