QBE rates up 8.4% in Q3 but full-year cat budget rises after heavy losses
Ben NorrisNovember 22, 2022
QBE customers saw average renewal rates increase 8.4% in the third quarter and the insurer thinks the hardening will continue into next year. It has, however, increased its full-year nat cat budget to $1.06bn after heavier-than-expected losses.
The Australian carrier’s gross written premiums rose...
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Ben NorrisNovember 22, 2022
