QBE Insurance Group Ltd
ASX:QBE

Watchlist Manager
QBE Insurance Group Ltd Logo
QBE Insurance Group Ltd
ASX:QBE
Watchlist
Price: 19.51 AUD 0.93% Market Closed
Market Cap: 29.4B AUD
Have any thoughts about
QBE Insurance Group Ltd?
Write Note

QBE Insurance Group Ltd
Pre-Tax Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

QBE Insurance Group Ltd
Pre-Tax Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Pre-Tax Income CAGR 3Y CAGR 5Y CAGR 10Y
QBE Insurance Group Ltd
ASX:QBE
Pre-Tax Income
$2.3B
CAGR 3-Years
N/A
CAGR 5-Years
23%
CAGR 10-Years
N/A
Insurance Australia Group Ltd
ASX:IAG
Pre-Tax Income
AU$1.5B
CAGR 3-Years
N/A
CAGR 5-Years
2%
CAGR 10-Years
-2%
Suncorp Group Ltd
ASX:SUN
Pre-Tax Income
AU$1.4B
CAGR 3-Years
-2%
CAGR 5-Years
-2%
CAGR 10-Years
2%
No Stocks Found

QBE Insurance Group Ltd
Glance View

Market Cap
29.3B AUD
Industry
Insurance
Economic Moat
None

In the dynamic landscape of global insurance, QBE Insurance Group Ltd. has charted a course that exemplifies strategic adaptability and robust risk management. Founded in 1886, this Australian insurance giant has evolved from a modest marine insurance company into a multi-faceted global insurer, with operations spanning across 27 countries. QBE specializes in offering a diverse range of insurance products, including personal and commercial lines, as well as reinsurance. The company leverages its considerable expertise to tailor bespoke solutions for its clients, addressing their complex risk management needs. This ability to customize offerings has been pivotal in establishing QBE as a reliable partner in sectors as varied as agriculture, energy, and aviation. QBE generates revenue through the collection of premiums on the myriad of policies it underwrites, while its profitability hinges on two main variables: the prudent management of claims and the investment of premiums collected. The company's adept underwriting process allows it to assess and price risks with precision, thus mitigating potential losses. Simultaneously, QBE invests the float—premiums received before claims are paid out—in diverse asset classes, seeking returns that enhance its financial stability and shareholder value. This dual focus on underwriting prowess and sound investment strategies has enabled QBE to maintain its standing in the competitive insurance market, continually balancing growth ambitions with the inherent uncertainties of the industry.

QBE Intrinsic Value
25.21 AUD
Undervaluation 23%
Intrinsic Value
Price

See Also

What is QBE Insurance Group Ltd's Pre-Tax Income?
Pre-Tax Income
2.3B USD

Based on the financial report for Jun 30, 2024, QBE Insurance Group Ltd's Pre-Tax Income amounts to 2.3B USD.

What is QBE Insurance Group Ltd's Pre-Tax Income growth rate?
Pre-Tax Income CAGR 5Y
23%

Over the last year, the Pre-Tax Income growth was 92%.

Back to Top