QBE Insurance Group

QBE Insurance Profit US$761m FY2012


Insurance company, QBE Insurance Group (ASX:QBE) have reported its full year financial results to shareholders and investors on the Australian stock market.

  • QBE Insurance Net Profit US$761 million up 8 percent from US$704 million in FY 2011.
  • QBE full year insurance profit margin was 8 percent, up from 7.1 percent.

QBE Shares Take a Plunge After Profit Downgrade


QBE Insurance Group (QBE) is starting the year on a rough phase as it announces the 40-50 per cent decline in profit and 62 per cent in dividend, causing its shareprice to drop to an eight-year low. This follows yesterday's bad news regarding the involvement of the insurance company's subsidiary Balboa in a pricing probe in the US.

QBE Shares on a Trading Halt


Shares of Australian insurance company QBE Insurance Group (QBE) are now on a trading halt after news circulated that its recently bought Balboa mortgage insurance subsidiary in the United States is being investigated by US regulators.

QBE Margins Crash Due to Disasters


After warning of cuts to its already lowered profit targets, QBE Insurance (ASX:QBE) shares plummeted yesterday to a six month low. The company cited continuing catastrophic events--the worst in 35 years--negatively affecting its bottom line.

Insurance profit margin for 2011 could be under its target of between 15 to 18 percent, but analysts said that the value could be 13 percent.

QBE cuts profit margin, shares fall


QBE Insurance (ASX:QBE’s) shares dropped almost 4 percent in over six months after the insurance group cut its profit margin forecast because of catastrophes. Stocks were down by 68 percent at $16.60, the group’s lowest since November last year.

QBE Prepares, Raises $1USb Debt Sale


QBE Insurance (ASX:QBE) raises $US1 billion in subordinated debt to maintain its balance sheet and fund its operations to fend off the impact of natural disasters. The company also prepares for insurance renewals in July when costs are bound to soar due to renegotiations.

QBE Insurance Dividend

9 August, 2010 - 22:29

Study the historical dividends for QBE INSURANCE GROUP LIMITED. Dividends are a portion of company profits paid out to shareholders. You are eligible to receive QBE dividends if you own the company's stock on the ex-dividend date. Investor's must have purchased the stock before the ex dividend date to be entitled to the dividend. The previous owner of the shares will receive the QBE dividend if you buy the stocks on or after the ex dividend date. The Pay Date or the Date Payable is the day when the dividend is paid to shareholders.

QBE Insurance Eases Concerns Regarding Large Claims


Internationally renowned insurance company QBE Insurance Group (QBE), which runs businesses in as many as 44 countries is taking necessary steps in response to the growing concern among its investors regarding the possibilities of the company getting exposed to the recent BP oil incident at the Gulf of Mexico claming that the insurer has sufficient reinsurance protection under its belt which will help it to cover any large insurance claim.

Insurance Australia Group (IAG) Update


Here is an update on Insurance Australia Group (IAG) from sharemarket analyst Macquarie Research Equities.

Insurance Australia Group (IAG) Revised proposal deemed 'inadequate'

Event: Cannot recommend QBE's latest proposal to shareholders:

IAG's Board today announced that it cannot recommend QBE's latest scheme proposal ($0.90 cash + 0.145 QBE shares) to its shareholders. The Board considers the revised proposal to be (1) priced opportunistically (2) not reflective of IAG's underlying value and potential deal synergies (3) not fully developed.

QBE Insurance Group (QBE) News Update


QBE Insurance Group (QBE) raised its proposed price for each IAG share to $0.90 cash and 0.145 QBE shares (previously $0.70 and 0.142) from Australian stockmarket analyst Macquarie Research Equities.

QBE Insurance Group (QBE) Increases proposed price

Event: Revised offer:

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