ASX jumps 1.1pc; Block, Seek, Goodman soar
ASX enjoys its best session in two weeks as discretionary and real estate leap. Mirvac jumps on earnings, Lake Resources rockets, while AMP and Telstra slide on FY22 results.
Qbe Insurance
QBE reveals $110m pricing hit
The insurance major sets aside $110m to cover refunds to customers who were overcharged.
ASX drops 0.6pc; Pendal soars on Perpetual talks
ASX falls on broad losses led by tech and health. Pendal confirms Perpetual talks, coal miners lead energy rally, JB Hi-Fi sales boom and RBA says more rate hikes to come.
Insurance price hikes boost QBE
Russia’s invasion of Ukraine is expected to cost QBE $100m, but the listed insurer says costs from catastrophes are tracking in line with expectations.
ASX up on tech; Appen, QBE, Liontown leap
ASX ends losing streak to rise on tech-led rally. Janus Henderson sinks on outflows, NAB books $3.6bn profit, trade surplus climbs and Alliance Aviation jumps on Qantas buy.
ASX to QBE: The week’s top board and exec moves
All the top executive and board movement over the past week compiled by executive search and advisory firm Blenheim Partners.
Reality star husband sues QBE over private jet damage
The husband of Real Housewives of Melbourne star Lydia Schiavello has sued QBE Insurance over damage to his private jet, after settling his claim against the plane manufacturer.
Premiums, prices, and profits up at QBE
The insurance giant has swung back to a full-year profit but plans to keep more of its capital to “support growth ambitions”.
ASX drops on QBE, Origin; Magellan soars
ASX posts biggest fall in a week as investors sell utilities and health stocks. Magellan surges on profit beat, QBE dives on poor result, Origin slides on downgrade and Latitude buys Humm’s BNPL.
‘Improving’: Day lifting out of dark hole
Jason Day sees light at the end of what’s been a dark tunnel as the former world No.1 fell outside the top 100.
‘Improving’: Day lifting out of dark hole
Jason Day sees light at the end of what’s been a dark tunnel as the former world No.1 fell outside the top 100.
Leishman unleashes super eagle
Marc Leishman holed out for eagle as he and Jason Day combined for an eight-under par 64 to stretch their lead in the QBE Shootout after three rounds.
QBE in talks to buy Zurich unit
The $18.3bn QBE Insurance is understood to be in talks with Zurich Insurance about an acquisition of its general insurance unit.
QBE chief warns of climate risks
New QBE Group CEO Andrew Horton says the insurance industry is there to support the challenge of climate risk but ‘there’s a limit’ to what it can do.
ASX up 0.3%, resource giants gain, insurers hit
Stocks lose ground to close just 0.3 per cent higher, driven by resource giants. Insurers IAG and Suncorp down on earthquake claim woes. China’s Evergrande strikes deal with bondholders.
QBE should sell non core units says Macquarie
Under the watch of a new chief executive, analysts believe that asset sales of non core units could on the cards at QBE.
QBE rebounds as Covid impact fades
QBE has bounced back to a profit thanks to high premiums and new business.
ASX ends flat, Rio and CBA down as insurers gain
The ASX 200 has ended the trading session at a record high daily close as falls in Rio Tinto, CBA and AGL were offset by insurers QBE and IAG. Telstra unveils $1.35bn buyback.
Liberty Mutual to pay for Opal Tower chaos
ICON and QBE have won their respective appeals over the Opal Tower legal showdown in Sydney.
ASX off highs, travel stocks gain
ASX 200 gains, with travel stocks higher. Seven swipe at Boral, Westpac alleges ‘significant’ potential fraud.
QBE seeking documents relating to Lucindale fire
QBE Insurance is seeking documents from the Brinkworth family and access to a property owned by them about a fire at Lucindale in January.
AusSuper’s $1bn Covid capital boost
Mega-fund Australian Super says it has provided close to $1bn in capital to Australian since Covid arrived, saving them a fortune on fees in the process.
QBE hit hard by natural disasters
QBE will not pay a final dividend in a bid to conserve capital after its bottom line was hit hard by a string of natural disasters.
Pandemic claims battle heats up
As local court battles rage over business interruption insurance, QBE has already paid out $632m to UK claimants, with more to come.
QBE goes it alone with Covid test case
Major Australian insurer QBE is set to test its own policy wording in the federal court.
Brokers positive on QBE’s new leader
Andrew Horton’s background at the well-regarded UK insurer Beazley has resulted in positive reviews of his appointment as the new QBE boss.
QBE lures new chief with $14m package
QBE’s new CEO will shift from London to take up the job in Sydney, arriving to remuneration package worth up to $14m.
ASX lifts with recovery news, QBE’s new chief revealed
Stocks close higher as latest GDP figures show economy recovering rapidly after COVID, while QBE’s new chief revealed in a London announcement.
ASX hits 3-week low
ASX closes at three-week low, spurred on by a downturn in US futures.
Covid claims a big insurance cloud: QBE
QBE Insurance’s interim chief executive Richard Pryce says COVID-19 business interruption claims pose the “greatest uncertainty” for the sector.
Original URL: https://www.theaustralian.com.au/topics/qbe-insurance/page/2