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QBE Insurance Group (QBE) investor relations material
QBE Insurance Group AGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
Meeting opened with acknowledgment of traditional custodians and confirmation of quorum.
Notice of meeting and minutes of previous AGM were confirmed as available.
Voting procedures and protocols for questions were outlined, including hybrid participation.
Financial performance review
Statutory profit after tax for 2025 was $2.157 billion, a 21% increase from the prior year.
Gross written premium grew by 7% in 2025, with a combined operating ratio of 91.9% and adjusted return on equity at 19.8% for FY25.
Final dividend of AUD 0.78 per share declared, with a full-year payout of AUD 1.09 per share.
AUD 450 million on-market buyback completed, with total shareholder distributions at 65% of annual profits.
Investment income for the first four months of 2026 was around $300M–$500M, with a core fixed income yield of 4.1%.
Board and executive committee updates
Chris Killourhy appointed as Group CFO in January 2026.
Board renewal included welcoming Neil Maidment and the retirement of Kathy Lisson.
Chair transition from Mike Wilkins to Yasmin Allen, with Wilkins expressing confidence in Allen's leadership.
- 11% GWP growth in 1Q26 and robust underwriting support a positive FY26 outlook.QBE
Q1 2026 TU8 May 2026 - Record profit, strong premium growth, and improved margins support a positive FY26 outlook.QBE
H2 202526 Mar 2026 - Profit after tax doubled to $802M, with improved underwriting and higher dividend.QBE
H1 20241 Feb 2026 - Record profit, premium growth, and modernization amid climate and regulatory risks.QBE
AGM 20258 Jan 2026 - Net profit up 31% to $1.8B, 18.2% ROE, and 93.1% COR set a strong 2025 outlook.QBE
H2 20248 Jan 2026 - GWP up 6% Y/Y, high-teens ROE, 92.5% combined ratio, and $450M buyback announced.QBE
Q3 2025 TU19 Dec 2025 - Net profit after tax up 27%-28% to $1,022M, with a 92.8% combined ratio and higher dividends.QBE
H1 202523 Nov 2025 - QBE maintains FY24 guidance amid solid premium growth and robust investment performance.QBE
Q3 2024 TU13 Jun 2025 - Strong premium growth and resilient underwriting drive QBE's positive 1Q25 performance.QBE
Q1 2025 TU5 Jun 2025
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