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QBE's 'A+' IFS rating affirmed

QBE logo

Australian insurer QBE has had its 'A' long-term issuer default rating and 'A+' insurer financial strength rating affirmed by Fitch.

The affirmation reflects the group's "historically strong operating performance and resilient earnings despite the increased frequency of large catastrophe losses in 2011", Fitch said.

The ratings

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