QBE Insurance Group Ltd outperforms Friday, when compared to competitors
Here is the latest company close update for QBE Insurance Group Ltd, QBE.
Qbe Insurance
QBE: Tariff pain looms over premium hikes
Hot inflation has continued to drive price rises to QBE’s Australian customers, with the global insurer warning it will continue doling out hikes in the coming year.
Bank woes hit ASX; Domain, Mayne top gainers
Takeover bids fire up Domain, Nine, Mayne. Coalition matches Whyalla support promise. RBA too slow to hike rates: Bullock. GYG down on ‘soft’ US sales. QBE soars. Bendigo Bank cuts rates.
Buy BHP, sell Rio: the top 12 tips from our stock experts
Giving your portfolio a makeover for the new year? Our expert stock pickers recommend buying BHP and Woolies, while ditching Rio Tinto and QBE. See what else they suggest.
ASX 200 ends up 0.6pc; CBA, QBE lead large-cap gains; core inflation still high
RBA to stay on sidelines until May amid underlying CPI pressures. Gerry Harvey slams ‘big black hole’ of govt debt. Web Travel soars on buyback, outlook optimism. Novonix dives after discounted raise. AEMO taps emergency powers to keep NSW lights on.
QBE misled half a million customers, lawsuit alleges
The insurance major is accused of misleading customers on discounts for products including home, contents and car protection.
ASX 200 rises; WiseTech falls; Coles, Woolworths gain
WiseTech, MinRes billionaire actions on ASIC radar. Qantas jumps on Jefferies’ boost. Insurer QBE sued for allegedly misleading 500,000 customers. Nine-controlled Domain Holdings flags CEO change.
QBE to offload old US insurance claims as profit doubles
Large premium increases in Australia helped lift QBE’s profit as it now attempts to improve returns from its North American operation.
ASX 200 jumps as Wall Street rallies; China CPI stokes commodities
Stocks rise after strong US gains in response to lower-than-expected jobless claims data and commodities rise on China CPI beat. Super Retail boss ‘used company funds to further affair’: court docs. News Corp flags ‘external interest’ in Foxtel. Life360 shares jump as much as 20pc after revenue rise.
QBE to shrink US business, take restructuring hit
The insurer will roll off $US500m worth of customers from its North American business, in a bid to stem the issues flowing from the sector.
ASX rallies late; energy best-on
Helia’s CBA contract update weighs. Beach hit with downgrades. Brookfield puts Aveo on market. QBE US restructuring dampens sentiment. Guzman y Gomez debuting Thursday.
QBE purchase of Beazley an investor quandary
Plenty of bankers hope that QBE will buy Beazley Insurance but there are also those asking why it would make a major acquisition when everything is going well.
QBE to keep moving up its premiums
Listed insurer QBE says it is making good progress by dropping problematic customers and ditching underperforming portfolios but will continue pushing through single-digit price rises.
Energy stocks, banks lift ASX
ASX 200 up 1.6 per cent this week. UK exits recession. Financial stress at highest in 8 years: NAB. CBA shareholder class actions dismissed. Bonza administrators in talks with ‘interested parties’. Life360 drops.
Judge slams QBE for misleading brokers about court order
QBE ‘undermined’ the Federal Court when it wrote to brokers advising them they would receive, but could ignore, a formal court request.
QBE almost doubles profits but analysts unimpressed
Listed insurer QBE has delivered a significant profit after passing on price rises to customers, but the result received a lukewarm response from analysts.
ASX closes up; Neuren sinks amid claims
Australia’s share market continues to recover from a mid-week selloff. The S&P/ASX 200 ends up 0.7 per cent at a two-week high daily close of 7658.3 points after rising to 7681.1, not far from a record high of 7699.4. Neuren dismisses US short-seller Culper’s Daybue claims. Inghams’ cloudy outlook weighs.
ASX 200 falls as US futures drop
Andrew Hauser first foreigner to hold such a high RBA position. Perseus up stake in Silvercorp takeover target OreCorp. Adore soars after rejects THG bid. Healius lifts as chair exits.
More trouble from QBE’s US operations
The insurer, led by Andrew Horton, plans to increase premiums revenue by a hefty 10 per cent after falling short of analyst profit expectations.
ASX ends up 0.3pc; Lake soars, Downer dumped
Lake Resources rockets ahead of key address. Downer dumped after FY23 loss. Boral sees strong turnaround. Ansell faces class action. Cettire rallies on demand outlook.
Original URL: https://www.theaustralian.com.au/topics/qbe-insurance