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QBE Insurance Group Limited (ASX:QBE)

ALERT: Price-sensitive ASX Announcement for QBE
Current share price for QBE : $25.400 5.34 (26.62%)+
Release
20 Feb 2026 7:34AM
Price at Release
$20.060
Full Release
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Summary
QBE Insurance Group Limited presented their FY2025 results, highlighting a consistent and disciplined execution of their strategic plan which led to excellent financial returns. The company achieved a 23% increase in adjusted net profit after tax to $2,132 million compared to FY2024, with an adjusted return on equity of 19.8%. Gross written premiums grew by 7%, leading to a combined operating ratio of 91.9%. QBE maintained a high-quality balance sheet with an APRA PCA Multiple of 1.87x, above their target range, and announced a $450 million on-market buyback. The company showcases strong underwriting and investment performances, with a favorable market outlook supporting sustainable growth and shareholder value.
Key Points
  • QBE achieved a 23% increase in adjusted net profit after tax to $2,132 million.
  • Gross written premiums grew by 7% in FY2025.
  • Adjusted return on equity was 19.8%, up from 18.2% in FY2024.
  • Combined operating ratio improved to 91.9% from 93.1% in FY2024.
  • A $450 million on-market buyback was announced.
  • APRA PCA Multiple stood at 1.87x, above the target range of 1.6x to 1.8x.
  • Strong underwriting and investment performance were highlighted.
  • Future outlook remains positive with supportive market conditions for sustainable growth.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.