QBE Insurance Group Limited

ASX QBE.AX

QBE Insurance Group Limited Interest Coverage Ratio for the year ending December 31, 2023: 0.22

QBE Insurance Group Limited Interest Coverage Ratio is 0.22 for the year ending December 31, 2023, a 17.49% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

QBE Insurance Group Limited Interest Coverage Ratio for the year ending December 31, 2022 was 0.19, a -50.19% change year over year.
QBE Insurance Group Limited Interest Coverage Ratio for the year ending December 31, 2021 was 0.38, a -12.77% change year over year.
QBE Insurance Group Limited Interest Coverage Ratio for the year ending December 31, 2020 was 0.44, a 2,452.11% change year over year.
QBE Insurance Group Limited Interest Coverage Ratio for the year ending December 31, 2019 was 0.02, a 112.24% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

ASX: QBE.AX

QBE Insurance Group Limited

CEO	Mr. Andrew Horton A.C.A., B.A.
IPO Date	Jan. 31, 1988
Location	Australia
Headquarters	388 George Street
Employees	13,479
Sector	Finance
Industries Insurance Health Insurance & Plans

Description

QBE Insurance Group Limited underwrites general insurance and reinsurance risks. The company offers range of commercial, personal, and specialty products, such as commercial and domestic property, motor and motor casualty, agriculture, public/product liability, professional indemnity, workers' compensation, marine, energy and aviation, accident and health, financial and credit, and other insurances, as well as risk management solutions. It also manages Lloyd's syndicates, as well as offers investment management services. The company operates in Australia, Europe, North America, Asia, and the Pacific. QBE Insurance Group Limited was founded in 1886 and is headquartered in Sydney, Australia.

Key trends

Past 5 years