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.
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.
Insurance company QBE Insurance Group Ltd (ASX: QBE) released its full year financial report to investors today, showing a $1.25 billion loss.
Suncorp Group Ltd (ASX:SUN) shares slipped 3% today following the release of its half year report to the ASX.
Australia’s ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) closed higher on Wednesday as QBE Insurance Group Ltd (ASX:QBE) shares push back.