tiprankstipranks
Advertisement
Advertisement

QBE Reaffirms 2026 Outlook as Premium Growth Accelerates in First Quarter

Story Highlights
  • QBE reaffirmed its 2026 outlook, targeting mid-single-digit premium growth and a combined operating ratio near 92.5%, underscoring confidence in medium-term performance.
  • Gross written premium rose 11% in the first quarter, with 7% constant-currency growth driven by North America Crop and International portfolios amid supportive but competitive market conditions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
QBE Reaffirms 2026 Outlook as Premium Growth Accelerates in First Quarter

Claim 55% Off TipRanks

QBE Insurance Group Limited ( (AU:QBE) ) has shared an update.

QBE Insurance Group reported a solid start to 2026, highlighting targeted premium growth supported by resilient underwriting and disciplined investment management. The company reaffirmed its outlook for mid-single-digit gross written premium growth and a group combined operating ratio of about 92.5% for FY26, signalling confidence in maintaining strong performance over the medium term.

Gross written premium grew 11% in the first quarter of 2026 compared with the prior corresponding period, or 7% on a constant currency basis, driven by momentum in North America Crop and select International portfolios. While market conditions remain broadly supportive with overall group premium rate increases of around 2%, QBE noted competitive pressures in commercial property and Lloyd’s, with rate increases excluding these segments holding near 2025 levels at roughly 4%.

The most recent analyst rating on (AU:QBE) stock is a Buy with a A$23.80 price target. To see the full list of analyst forecasts on QBE Insurance Group Limited stock, see the AU:QBE Stock Forecast page.

More about QBE Insurance Group Limited

QBE Insurance Group Limited is a global insurance and reinsurance company headquartered in Sydney, Australia, with a well-diversified portfolio across North America, International, and Australia Pacific markets. The group focuses on commercial and specialty lines, including crop, accident and health, and various property and casualty products, leveraging underwriting and investment management expertise to drive performance.

Average Trading Volume: 3,659,614

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$33.5B

For a thorough assessment of QBE stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1