Report
David Ellis
EUR 100.00 For Business Accounts Only

QBE’s Recovery Gaining Momentum. FVE AUD 12.50 Unchanged

No-moat-rated QBE Insurance’s restructuring and rebuilding continues with 2019 earnings guidance reiterated at the global insurer’s AGM. Despite lower global interest rates and slowing economic conditions, the firm’s underlying fundamentals are improving. Insurance premium rate increases continue to feature, and first-quarter investment returns rebounded from a disappointing end to 2018. The heavily weighted fixed interest investment portfolio benefited from positive revaluations as global bond ...
Underlying
QBE Insurance Group Limited

QBE Insurance Group engages in underwriting general insurance and reinsurance risks, management of Lloyd's syndicates and investment management. Co.'s segments are: North American Operations, which writes general insurance and reinsurance in the U.S.; European Operations, which writes general insurance in the U.K., Canada and mainland Europe; Australian and New Zealand Operations, which underwrites general insurance risks in Australia and New Zealand; Emerging Markets, which writes general insurance in North, Central and South America and provides personal, commercial and general insurance covers in the Asia Pacific region; and Equator Re, which provides reinsurance protection in Bermuda.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
David Ellis

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch