- QBE Insurance reported gross written premiums of $13.82 billion for the first half of the year.
- The company declared an interim dividend of A$0.31 per share.
- The combined operating ratio stands at 88.3%.
- QBE’s revenue reached $10.88 billion.
- Adjusted net income for the period was $997 million.
- Analysts’ recommendations include 8 buy ratings, 3 hold ratings, and 2 sell ratings.
A look at Qbe Insurance Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
QBE Insurance Group Limited, a well-established insurance company with a broad range of offerings, is displaying a positive long-term outlook according to Smartkarma Smart Scores. With a strong score of 5 in Growth, QBE is positioned well for expanding its business and profitability over time. Additionally, the company’s Momentum score of 4 indicates a favorable trend in its stock performance, suggesting potential for future growth. While Value, Dividend, and Resilience scores are moderate, the high scores in Growth and Momentum point towards a promising future for QBE Insurance.
Specializing in commercial, industrial, and individual insurance policies, QBE Insurance Group Limited not only underwrites policies but also manages Lloyds syndicates and offers investment management services. Operating both domestically and internationally, the company’s diverse portfolio and global presence contribute to its overall resilience and growth potential in the insurance industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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