QBE Insurance Group Ltd
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| <&! | LOCK|w!b | LOCK|@%QJd? |
QBE Insurance Is Tracking Full-Year Targets
Business Strategy and Outlook
QBE Insurance is an international property and casualty insurance company with USD 24 billion of annual gross written premiums. It writes about 25% of its annual premiums in its home region of Australia and New Zealand and 25% in North America. Commercial and specialty insurance lines make up two-thirds of insurance revenue, and the offering is extremely wide-ranging across property, auto insurance, agriculture, public/product liability, professional indemnity, workers compensation, marine, energy and aviation, and accident and health. The size and diversity of insurance is built on the back of hundreds of acquisitions made over decades.
