QBE increases H1 cat budget to $700mn
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

QBE increases H1 cat budget to $700mn

QBE logo sydney.jpg

Australian insurer QBE has revised its cat budget to include increased losses from the North American convective storms that occurred last month.

As a result of the higher-than-predicted cat losses, QBE has revised its cat costs to approximately $700mn for the first half of this year.


Request a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article