QBE Europe improves COR
QBE Insurance Europe has announced an improved combined operating ratio of 90.5% (2009: 91.3%) despite being hit by the Chilean earthquake and Deepwater Horizon drilling rig incident.
As part of its European results, the insurer reported gross written premium of $4.2bn (£2.6bn) (2009: £4bn), while gross earned premium rose to $4bn (2009: $3.9bn), which the QBE attributed to the "re
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