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Home>QBE Insurance Warns 1st Half Results Won't Meet Expectations

QBE Insurance Warns 1st Half Results Won't Meet Expectations

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Tue, 29 Jul 2014

MELBOURNE, Australia--QBE Insurance Group Ltd. (QBE.AU) warned its half-year results will fall short of analysts' expectations, with earnings tumbling about 18% from a year ago after a jump in claims in Argentina. QBE has been marred by writedowns and rising claims provisions in recent years, which
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