QBE Insurance Group Ltd

QBE: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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QBE Insurance Earnings: Strong Result but Conditions Can Change Quickly

Nathan Zaia

Feb 20, 2026

QBE Insurance's 2025 NPAT increased 23% to USD 2.1 billion, with 7% growth in gross written premiums boosted by a lower claims ratio and higher investment income. Lower catastrophe costs and prior-year claims that cost less than reserved were the main contributors. Shares rose 7%.

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QBE Insurance Group Ltd

QBE Insurance Earnings: Strong Result but Conditions Can Change Quickly

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