QBE hits 90% of H1 cat allowance, adjusts COR target

May 12 2023 by

QBE’s net cost of catastrophe claims for the year-to-April 2023 is around US$480million, 90% of its first half allowance for H1 2023 (until June 30, 2023) of US$535 million.

It also flagged adverse...

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