QBE Worldwide grew gross written premium by 11% to $9.84bn (£7.78bn) final 12 months because the mixed working ratio improved.
The division spans UK and European business insurance coverage, QBE’s Lloyd’s franchise, reinsurance enterprise (QBE Re), and its Asian operations.
The insurer didn’t reveal a breakdown of UK figures.
Nonetheless, if flagged the GWP development in 2024 was “pushed by focused natural development, and comparable momentum throughout Worldwide Markets, QBE Re and UK insurance coverage”.
Service
Final Could, Chris Wallace, QBE Insurance coverage’s government director for the UK, informed Insurance coverage Age the enterprise was reaping the advantages of focusing
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