QBE Insurance Group 1H25 Financial Results

QBE Insurance Group (ASX: QBE) reported robust results for the first half of 2025, posting a statutory net profit after tax of US$1,022 million, marking an increase from US$802 million in the same period of 2024. The adjusted net profit after tax rose to US$997 million, yielding an adjusted return on equity of 19.2%. The company achieved a 6% growth in gross written premiums (GWP), with an 8% increase excluding exited portfolios, driven by strong organic growth in several key areas. The combined operating ratio improved to 92.8%, indicating a well-balanced and optimised operational structure. Investment performance was solid, with US$788 million in total investment income, achieving a return of 2.4%. The catastrophe claims ratio decreased to 5.4%, from 6.2% in the previous period, which supported the improved operating ratio.

Looking ahead, QBE is on track to meet its full-year targets, continuing its focus on sustainable growth, strategic portfolio optimisation, and delivering consistent, predictable performance across its global operations.

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com