Insurance Post

QBE gains in first half from asset sales and improved COR; CEO targets growth

john-neal

Sydney-headquartered QBE saw a 24% rise in first half after tax profits to $488m (£331m) compared with $392m in the first half of last year.

QBE has sold several businesses in the first half of 2015 including two underwriting agencies and a broker to Steadfast for around $213m and its troubled Argentinian workers' compensation book.

The

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