QBE Insurance Group Ltd

QBE: XASX (AUS)
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QBE Insurance: Rate Increases Slowing but Enough to Keep Profits Growing

Shares responded positively to QBE Insurance's third-quarter 2024 update. Premium rate increases averaged close to 6% year to date, but gross written premium growth was a less buoyant 2%. Catastrophe claims, which can be volatile, are tracking to management expectations of USD 1.3 billion.

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