Insurance Post

QBE Europe took £109m Ogden hit in 2017

financial-results-s

QBE Europe’s 2017 combined operating ratio deteriorated to 99.6% as a result of a £109m impact from the Ogden discount rate.

As a result, the group’s underwriting result fell to £12m. Excluding the Ogden impact the underwriting result would have stood at £121m, 36% lower than the previous year. 

The group’s European

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: http://subscriptions.postonline.co.uk/subscribe

You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Post? View our subscription options

Register

Want to know what’s included in our free registration? Click here

Already have an account? Sign in here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here