QBE Insurance Group Posts Strong Q1 Growth, Undeterred by Catastrophe Claims
QBE Insurance Group Ltd has kicked off 2025 with a resounding success, as evidenced by its 7% year-over-year increase in gross written premium for the first quarter. This impressive growth is a direct result of the company’s momentum in international and North American markets, where its strategic initiatives are yielding tangible results.
While the catastrophe claims landscape continues to pose challenges, QBE remains steadfast in its commitment to delivering on full-year outlook. This unwavering dedication to its goals is a testament to the company’s resilience and adaptability in the face of adversity.
In recent months, QBE has made significant strides in governance and shareholder engagement, as reflected in its amended constitution and 2025 AGM results. These developments underscore the company’s commitment to transparency, accountability, and stakeholder satisfaction.
Notably, QBE’s performance has been remarkably resilient in the face of market volatility, with its net tangible asset backing per share increasing to $9.90 as of 30 April. This uptick is a clear indication of the company’s financial health and its ability to navigate the complexities of a rapidly evolving market.
Key Highlights:
- 7% year-over-year increase in gross written premium for Q1 2025
- Momentum in international and North American markets driving growth
- Resilience in the face of market volatility
- Net tangible asset backing per share increased to $9.90 as of 30 April
- Amended constitution and 2025 AGM results reflect commitment to governance and shareholder engagement