QBE’S Full Year Result 25 Feb 19: QBE Insurance (QBE) profit recovers on lower claim costs and improving efficiencies
CommSec

QBE’S Full Year Result 25 Feb 19: QBE Insurance (QBE) profit recovers on lower claim costs and improving efficiencies

2019-02-25
QBE Insurance has reported full year ‘’underlying’ or cash profit after tax of $715 million, compared to a loss of $262 million in the previous year. The net profit after tax of $390 million reflected a range of one-off results, including the impact of foreign exchange costs.   This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Austra...
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