QBE boosts half-year profits, as investment earnings rebound.
Underwriting result belted by US storms and NZ floods.
Premium rises still pushing through.
Insurers are the unlikely stars of this profit season, prized by investors for their ability to push higher premiums on to policyholders, after years in the equity market wilderness.
Concerns linger, however, about whether customers will ditch their cover if prices keep rising.
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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
