QBE International posts double digit premium growth
- Insurance
ThePostMaster- 0
- 2 minutes read
QBE International’s combined operating ratio improved again to 88.5% last year as the division, in which the UK sits, grew premium 12.6%.
The unit’s GWP rose to $11.07bn (£8.21bn) increasing its momentum having grown by 11% in 2024.
The provider, which did not supply UK numbers, revealed the COR was trimmed slightly from 88.7% the year before. This followed on from previous progress having been cut from 89.5% in 2023.
Last May UK regions director Andy Fitzgerald told Insurance Age that QBE had doubled its GWP in the regions in the past three years and that it was not taking its “foot off the growth” as he promised consistency for
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
