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Performance hurt by higher effective tax rate
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Catastrophe-related costs rise in H1
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QBE shares fall over 4% to A$14.96
(Recasts first paragraph, adds details on tax rates in paragraph 5, share moves in paragraph 6)
By Harish Sridharan
Aug 10 (Reuters) - Australia's QBE Insurance reported first-half earnings below analysts' expectations on Thursday, hurt by a higher-than-anticipated effective tax rate, sending its shares down over 4%.
The group, which operates in 27 countries includ...
>>> Read more: UPDATE 3-QBE Insurance misses HY profit estimates as higher tax rate bites
Performance hurt by higher effective tax rate
*
Catastrophe-related costs rise in H1
*
QBE shares fall over 4% to A$14.96
(Recasts first paragraph, adds details on tax rates in paragraph 5, share moves in paragraph 6)
By Harish Sridharan
Aug 10 (Reuters) - Australia's QBE Insurance reported first-half earnings below analysts' expectations on Thursday, hurt by a higher-than-anticipated effective tax rate, sending its shares down over 4%.
The group, which operates in 27 countries includ...
>>> Read more: UPDATE 3-QBE Insurance misses HY profit estimates as higher tax rate bites
