An announcement from QBE Insurance Group Limited ( (AU:QBE) ) is now available.
QBE Insurance Group Limited reported a strong financial performance for the year ended 31 December 2024, with a 5% increase in revenue and a 31% rise in net profit after tax, attributed to favorable catastrophe experience and stable estimate development. The company announced dividends with a final payout of 63 cents per share, 20% franked, and detailed plans for a Dividend Reinvestment Plan, reflecting a strategic focus on shareholder returns.
More about QBE Insurance Group Limited
QBE Insurance Group Limited is a prominent player in the insurance industry, offering a range of insurance products including property, motor, and health insurance. The company has a strong market presence with a focus on delivering tailored insurance solutions to meet diverse customer needs.
YTD Price Performance: -2.64%
Average Trading Volume: 11,553
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $19.24B
Learn more about QBE stock on TipRanks’ Stock Analysis page.