QBE Insurance Group Ltd (ASX: QBE) is Australia’s largest global insurer, it operates in 31 countries and is one of the top 20 global insurance and reinsurance companies. QBE has been operating since 1886 and got its name when the North Queensland Insurance Company and Bankers’ and Traders’ Insurance Company (both set up by James Burns and Robert Philp) merged with The Equitable Probate and General Insurance Company.
QBE Insurance Group Ltd (ASX:QBE) reported a 6% fall in half-year revenue to $US7.34 billion with a profit of $US370 million.
Here are the headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles on Thursday morning.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.64% at lunch.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.34% at lunch.
The ASX’s ALL ORDINARIES (INDEXASX: XAO)(ASX: XAO) index ended higher on Thursday, with the Wesfarmers Ltd (ASX:WES) and Telstra Corporation Ltd (ASX:TLS) ending firmly in the green.
Shares of miners like Fortescue Metals Group Limited (ASX: FMG) lead the Australian share market and ALL ORDINARIES (INDEXASX: XAO)(ASX: XAO) index lower on Tuesday.
In the S&P/ASX20 Index, the mining company South32 Ltd (ASX: S32) is going to be added but QBE Insurance Group Ltd (ASX: QBE) is going to be removed.
Australia’s S&P/ASX 200 (INDEXASX:XJO) (ASX:XJO) ended higher on Monday with shares of Reliance Worldwide Corporation Ltd (ASX: RWC) and Vocus Group Ltd (ASX: VOC) leading the charge.
Australia’s share market, or the All Ordinaries (INDEXASX: XAO)(ASX: XAO), is up by 0.4% at lunch.
