News Coronavirus watch23 Jul 2020

Australia:Massive COVID-19-driven losses for major insurer

| 23 Jul 2020

QBE has warned of a net statutory loss after tax of around $750m in the first half of the year mainly driven by the impact of COVID-19, CAT losses, prior accident year claims development and a net investment loss of around $125m due to extreme investment market volatility.

Archived articles are available to Magazine subscribers only.

If you are already a subscriber

OR sign-up for a trial access here

For Full Access to the magazine SUBSCRIBE here.

Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.

 
Error : Object reference not set to an instance of an object.

Recent Comments
Other News


Follow Asia Insurance Review