Australian insurer QBE's first-half profit more than doubles-March 2024-www.financetom.com

Australian insurer QBE's first-half profit more than doubles

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Australian insurer QBE's first-half profit more than doubles

Aug 8, 2024 2:52 PM

Aug 9 (Reuters) - Australia's QBE Insurance Group ( QBEIF )

reported a more than twofold jump in its first-half

profit on Friday, helped by higher gross written premiums and

investment income.

The insurer's net profit after tax attributable for the six

months ended June was $802 million, compared with $400 million a

year earlier.

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