QBE Buoyed by Higher Investment Income as Price Increases Combat Higher Claim Costs
QBE Insurance is an international property and casualty insurance company with over USD 21 billion of annual gross written premiums. It writes about 25% of its annual premiums in its home region of Australia and New Zealand. Other key markets include North America, Europe, and Asia Pacific. QBE is predominantly focused on specialty insurance lines, but 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.