QBE increases H1 cat budget to $700mn
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QBE increases H1 cat budget to $700mn

Aisling Finn
20 July 2023
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QBE logo sydney.jpg

Australian insurer QBE has revised its cat budget to include increased losses from the North American convective storms that occurred last month.

As a result of the higher-than-predicted cat losses, QBE has revised its cat costs to approximately $700mn for the first half of this year.

The

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Aisling Finn
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