Inside QBE’s billion dollar profit, dividend and return on equity at decade highs скачать в хорошем качестве

Inside QBE’s billion dollar profit, dividend and return on equity at decade highs

QBE (ASX: QBE) delivered another robust set of numbers for the first half of 2025, with net profit up 28% to just shy of $1 billion and its interim dividend the highest since 2012. These strong results come against a challenging backdrop. Industry estimates suggest this was the most expensive first half for insurers in more than a decade, while premium rate increases decelerated to 4.5% compared to 6.7% a year ago and 10.2% in the first half of 2023. Despite these headwinds potentially overshadowing the earnings strength, CFO Inder Singh remains confident about QBE's positioning. He says the business is well-prepared for the upcoming North American catastrophe season and is generating an ROE of 19.2% – the highest in more than a decade. In our discussion, we explore capital management priorities, the trajectory of premium rate increases, investment portfolio positioning amid shifting bond yields, and the practical ways AI is being deployed across the business. It's a candid look at how QBE is navigating a complex global environment while maintaining strong growth and profitability. Watch the interview above for the full experience, or read a summary below. TIME CODES 0:03 - Introduction 0:15 - The key numbers from the result 1:15 - Catastrophe costs ahead of guidance 2:32 - Combined operating ratio performance 4:16 - Growth opportunities versus capital management 5:20 - Deceleration in premium rate increases 6:44 - Bond yields and managing investment income 8:00 - AI and its role in insurance