QBE’s net profit rises 30% in first half
Posted On: Aug. 17, 2017 4:00 AM CSTAustralia-based QBE Insurance Group Ltd.’s net profit grew 30% to $345 million in the first half, compared with $265 million in the first six months of 2016, Fox Business reported. The insurer said that the profit was driven by stronger underwriting performance in North America and its Australia and New Zealand operations, which offset a rise in claims in emerging markets.