QBE Expects US$1.2B Loss in 2017 from ‘Unprecedented’ Natural Catastrophes

QBE announced to the market this week that it expects a US$1.2 billion after-tax loss in 2017 on “unprecedented” natural catastrophe claims. “This has been a challenging year for QBE, reflecting an unprecedented cost of catastrophes as well as the …

from News – Insurance Journal http://ift.tt/2n8v6bb
via IFTTT