QBE Insurance Buoyed by Higher Premium Rates and Investment Income

QBE Insurance is an international property and casualty insurance company with over USD 22 billion of annual gross written premiums. It writes about 25% of its annual premiums in its home region of Australia and New Zealand and over 30% in North America. Commercial and specialty insurance lines make up two-thirds of insurance revenue, and the offering is extremely wide-ranging across property, auto insurance, agriculture, public/product liability, professional indemnity, workers compensation, marine, energy and aviation, and accident and health. The size and diversity of insurance is built on the back of hundreds of acquisitions made over decades.