ASX Share rice
Tue 18 May 2021 - 12:24:pm (Sydney)

QBE Share Price

QBE INSURANCE GROUP LIMITEDQBEInsurance

QBE Company Information

Name:

QBE Insurance Group Limited

Sector:

Financial Services

Industry:

Insurance-Property & Casualty

GIC Industry:

Insurance

GIC Sub Industry:

Property & Casualty Insurance

Address:

2 Park Street Sydney NSW Australia 2000

Phone:

61 2 9375 4444

Full Time Employees:

11190

Interim Group Chief Exec. Officer:

Mr. Richard Vaughan Pryce B HIS (Hons)

Group Chief Financial Officer:

Mr. Inder Singh B.Com.

Group Exec. of People & Culture:

Ms. Margaret Murphy B.A.

Chief Exec. Officer of North America:

Mr. Todd Jeffrey Jones B.Sc., M.B.A.

Chief Exec. Officer of International:

Mr. Jason Richard Harris B.Sc.

Group Exec. of Technology & Operations:

Mr. Matt Mansour M.B.A.

Group Head of Investor Relations:

Mr. A. R. Jackson

Group Gen. Counsel & Company Sec.:

Ms. Carolyn Scobie B.A., L.L.B., M.A., BA, LLB, MA, AGIA and ACIS

Head of Legal for European Operations:

Ms. Esther Felton

Head of Specialty Insurance:

Mr. Steven L. Gransbury

Company Overview:

QBE Insurance Group Limited underwrites general insurance and reinsurance risks for personal, business, corporate, institutional, and multinational customers. The company offers range of commercial, personal, and specialty products, such as commercial and domestic property, motor and motor casualty, agriculture, public/product liability, professional indemnity, workers' compensation, marine, energy and aviation, accident and health, financial and credit, and other insurances, as well as risk management solutions. It also manages Lloyd's syndicates, as well as offers investment management services. The company operates in Australia, Europe, North America, Asia, and the Pacific. QBE Insurance Group Limited was founded in 1886 and is based in Sydney, Australia.

QBE Share Price Information

Shares Issued:

1.48B

Market Capitalisation:

$15.64B

Dividend per Share:

$0.031

Ex Dividend Date:

2020-08-20

Dividend Yield:

0.29%

Revenue (TTM):

$11.96B

Revenue Per Share (TTM):

$8.42

Earnings per Share:

$0.415

Profit Margin:

-0.1268

Operating Margin (TTM):

$-0.05

Return On Assets (TTM):

$-0.01

Return On Equity (TTM):

$-0.18

Quarterly Revenue Growth (YOY):

-0.157

Gross Profit(TTM):

$-594,000,000

Diluted Earnings Per Share (TTM):

$-1.396

QuarterlyEarnings Growth(YOY):

0.318

QBE CashFlow Statement

CashFlow Date:

2020-12-31

Investments:

$-2,345,000,000

Change To Liabilities:

$0.94B

Total Cashflow From Investing Activities:

$-2,162,000,000

Net Borrowings:

$157M

Net Income:

$-1,517,000,000

Total Cash From Operating Activities:

$1.23B

Depreciation:

$132M

Other Cashflow From Investing Activities:

$277M

Dividends Paid:

$-265,000,000

Change To Account Receivables:

$-433,000,000

Sale Purchase Of Stock:

$1.30B

Capital Expenditures:

$40M

QBE Income Statement

Income Date:

2020-12-31

Income Before Tax:

$-1,472,000,000

Net Income:

$-1,517,000,000

Operating Income:

$-1,220,000,000

Interest Expense:

$327.19M

Income Tax Expense:

$39M

Total Revenue:

$15.31B

Total Operating Expenses:

$17.22B

QBE Balance Sheet

Balance Sheet Date:

2020-12-31

Intangible Assets:

$427M

Total Liabilities:

$38.13B

Total Stockholder Equity:

$8.49B

Other Current Liabilities:

$7.46B

Total Assets:

$46.62B

Common Stock:

$9.39B

Other Current Assets:

$5.03B

Retained Earnings:

$117M

Other Liabilities:

$16.50B

Good Will:

$2.11B

Other Assets:

$6.43B

Cash:

$753M

Total Current Liabilities:

$18.52B

Property - Plant & Equipment:

$550M

Net Tangible Assets:

$6.04B

Long-Term Investments:

$26.38B

Total Current Assets:

$12.80B

Long-Term Debt:

$2.96B

Net Receivables:

$4.37B

Accounts Payable:

$10.79B

QBE Share Price History

QBE News

17 Jan, 2021
The simplest way to benefit from a rising market is to buy an index fund. While individual stocks can be big winners...
17 Dec, 2020
QBE Insurance Group said on Friday it was expecting an annual net cash loss of $780 million due to higher catastrophe-related costs from harsh U.S. wildfire and hurricane seasons as well as additional COVID-19 claims. The Australian insurer, which posted an adjusted cash profit of $733 million last year, said catastrophe costs were expected to vastly exceed its allowance by 24% to $680 million. QBE is also expecting a $1.5 billion statutory loss, mainly due to the write-down of assets in North America and deferred tax.
19 Oct, 2020
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of QBE Insurance Group Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.
17 Oct, 2020
Moody's Investors Service ("Moody's") has assigned the following provisional long-term rating to the notes to be issued by Perpetual Trustee Company Limited (the Trustee) as trustee of the Progress 2020-1 Trust. The notes were not issued at the time, and we subsequently withdrew the rating on 6 July 2020.
30 Sep, 2020
Moody's Investors Service ("Moody's") has assigned the following definitive long-term rating to the notes issued by Perpetual Trustee Company Limited (the Trustee) as trustee of the Progress 2020-1 Trust. - The portfolio is well seasoned, with weighted-average seasoning of 32.3 months.
24 Sep, 2020
Lloyd's of London Chief Executive John Neal said on Thursday he expected a British test case about business interruption insurance to be appealed. London judges ruled that some of the world's biggest insurers were wrong to reject tens of thousands of claims from small firms battered by the COVID-19 pandemic, Britain's Financial Conduct Authority (FCA) said last week. The FCA, which brought the case against eight insurers, said the court had found in favour of policyholders' arguments on the majority of key issues.
16 Sep, 2020
Murray Pulman says he is as tough as they come, but battles with his insurer have left him close to tears after a coronavirus lockdown forced his family-run cafe The Posh Partridge to close. Pulman was counting himself as one of the lucky ones on Tuesday, however, after a judgment in a London test case against eight insurance firms, including his insurer QBE, held up the promise of a payout on his business interruption policy. QBE did not immediately respond to a request for comment.
15 Sep, 2020
Murray Pulman says he is as tough as they come, but battles with his insurer have left him close to tears after a coronavirus lockdown forced his family-run cafe The Posh Partridge to close. Pulman was counting himself as one of the lucky ones on Tuesday, however, after a judgment in a London test case against eight insurance firms, including his insurer QBE, held up the promise of a payout on his business interruption policy. "This has had me close to the edge," Pulman told Reuters by telephone from Dorchester, southwest England, where the cafe reopened on July 4 after its closure in late March.
10 Sep, 2020
Australian financial advisory firm AMP Ltd said on Thursday it had appointed inclusion and diversity consultancy Symmetra to undertake a workplace conduct review after the company was hit by a corporate scandal. Symmetra's review will objectively assess conduct at the workplace, and make recommendations on policies, leadership, governance and behaviours, AMP said in a statement.
03 Aug, 2020
Insurers that do not treat customers fairly when calculating payouts for business interruption due to the coronavirus crisis will face action by Britain's markets watchdog. The Financial Conduct Authority (FCA) has taken eight insurers to court over business interruption policy wordings, which the insurers say do not cover the pandemic, with a ruling expected in mid-September. "We may intervene and take further actions where firms do not appear to be meeting our expectations and treating their customers fairly," the FCA said in a statement.
21 Jul, 2020
While it may not be enough for some shareholders, we think it is good to see the QBE Insurance Group Limited (ASX:QBE...
25 Jun, 2020
Britain's financial services compensation body is "keeping an eye" on insurers facing claims from companies whose business has been interrupted by the COVID-19 pandemic, its chief executive told Reuters. The FCA's Financial Services Compensation Scheme (FSCS) is braced for a rise in claims as some financial firms are expected to go under in the pandemic.

QBE Dividend Payments

EX-Date Dividend Amount
2010-03-03$0.6600
2010-08-24$0.6200
2011-03-04$0.6600
2011-08-25$0.6200
2012-03-05$0.2500
2012-08-24$0.4000
2013-03-04$0.1000
2013-08-27$0.2000
2014-03-06$0.1200
2014-08-27$0.1500
2015-03-04$0.2200
2015-08-26$0.2000
2016-03-10$0.3000
2016-08-25$0.2100
2017-03-09$0.3300
2017-08-24$0.2200
2018-03-08$0.0400
2018-08-23$0.2200
2019-03-07$0.2800
2019-08-22$0.2500
2020-03-05$0.2700
2020-08-20$0.0400

QBE Dividends (last 11 Years)