QBE Insurance Group Ltd Half Year Results Presentation
Key points
- Gross written premium grew 6% in 1H26
- Adjusted net profit after tax increased by 4%
- Adjusted return on equity at 17.7%
- Dividend per share increased by 6%
- Combined operating ratio remained at 92.8%
Full summary
QBE Insurance Group Ltd announced its half-year results for the period ending 30 June 2026. The company reported a 6% growth in gross written premium, reaching $15.1 billion. Adjusted net profit after tax increased by 4% to $1.033 billion, with an adjusted return on equity of 17.7%. The dividend per share increased by 6% to 33 cents, with a payout ratio of approximately 30%. The combined operating ratio remained stable at 92.8%. The company also highlighted its strong capital position with an APRA PCA multiple of 1.82x. The presentation emphasized the company's consistent performance and disciplined execution against its strategic plan.
Guidance
Adjusted net profit after tax expected to increase by 4% for the full year 2026
Outlook
QBE expects to maintain its disciplined capital management approach and continue to focus on high return on allocated capital segments for sustainable growth.
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