QBE Insurance Group Limited ( (QBEIF) ) has released its Q2 earnings. Here is a breakdown of the information QBE Insurance Group Limited presented to its investors.
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QBE Insurance Group Limited is an international insurance and reinsurance company headquartered in Sydney, Australia, and listed on the Australian Securities Exchange, known for its strong presence in commercial and specialty markets across North America, International, and Australia Pacific divisions.
QBE’s 2025 half-year earnings report highlights a solid financial performance with a net profit after tax of $1,022 million, up from $802 million in the previous period, driven by strong underwriting results and investment income. The company also reported a 6% growth in gross written premiums and an improved combined operating ratio of 92.8%.
Key financial metrics include a 19.2% adjusted return on equity, up from 16.8%, and a 13.1% insurance profit margin, reflecting improved underwriting profitability and investment performance. The report also notes a 4% increase in net insurance revenue and a 2.1% average renewal premium rate increase, despite some moderation in premium rate growth.
QBE continues to focus on strategic priorities such as portfolio optimization, sustainable growth, and business modernization, with initiatives aimed at enhancing customer experience and operational efficiency. The company remains committed to supporting communities affected by extreme weather events and fostering a more resilient future.
Looking ahead, QBE’s management maintains a positive outlook for 2025, expecting a combined operating ratio of approximately 92.5% and mid-single-digit growth in gross written premiums, supported by favorable interest rates and strategic initiatives.