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Australia's QBE Insurance reports 35% jump in H1 profit


Reuters


Aug 15 (Reuters) - Australia'sQBE Insurance Group said on Thursday its first-half fiscal 2019 cash profit rose 35%, helped by lower claims losses and robust investment return.

The country's third-largest listed insurer's cash profit for the six months ended June 30 rose to A$520 million ($351.05 million) from A$385 million a year ago.






This article appears in: Stocks , Fundamental Analysis , World Markets , Economy , Insurance , Earnings



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