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Qbe Insurance Group Limited

QBE is listed on the Australian Securities Exchange (ASX) and headquartered in Sydney. We employ more than 12,000 people in over 31 countries.

QBE is a general insurance and reinsurance company. Across our operations we offer commercial, personal and specialty products and risk management solutions to our customers.

Our purpose is to give people the confidence to achieve their ambitions

ASX Code
QBE

Sector
ASX200 Insurance

Website
https://www.qbe.com/

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QBE – Morgans rates the stock as Add

The FY20 results for QBE Insurance Group had largely been pre-released and Morgans states that many of the factors leading to a disappointing profit (NPAT) loss of -US$712m obscured improving underlying profitability trends driven by the 'Brilliant Basics' program and an increasingly favourable global pricing environment.

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