QBE News: QBE Insurance Group Full Year 2023 Earnings: EPS Misses Expectations - 19th Feb 2024, 9:00am

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QBE Insurance Group (ASX:QBE) Full Year 2023 Results

Key Financial Results

Revenue: US$25.6b (up 13% from FY 2022). Net income: US$1.31b (up 143% from FY 2022). Profit margin: 5.1% (up from 2.4% in FY 2022). The increase in margin was driven by higher revenue. EPS: US$0.88 (up from US$0.36 in FY 2022).

QBE Profitability Indicators

Combined ratio: 95.2% (down from 95.9% in FY 2022). earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

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