Insurance Post

QBE announces A$1bn share buyback after 2016 profit increase

john-neal

Australian global giant QBE has seen its share price climb after posting its 2016 group performance today.

Global pre-tax profits at the insurer, which reports in US dollars, climbed from $1.075bn (£866m) in 2015 to $1.1bn last year with gross written premiums rising from $14.4bn to $14.8bn. The combined

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