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QBE Insurance Group Limited engages in underwriting general insurance and reinsurance risks in the Australia Pacific, North America, and internationally. The company offers commercial and domestic property, agriculture, public/product liability, motor and motor casualty, professional indemnity, workers' compensation, accident, health, financial and credit, and other insurance products, as well as marine, energy and aviation insurance products. It also manages Lloyd's syndicates, as well as provides investment management services. The company was founded in 1886 and is headquartered in Sydney, Australia.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
QBE Insurance Group is a global property and casualty insurer operating across Australia, New Zealand, North America, Europe, the Middle East and Asia Pacific. Long-term growth may be supported by disciplined underwriting, geographic and product diversification, digital distribution and reinsurance optimization, which may appeal to investors seeking an established insurer positioned for improved underwriting and steadier investment income.
Key risks include large natural catastrophe losses, reserve shortfalls, sensitivity to investment markets and interest rates, higher reinsurance costs and competitive or regulatory pressure.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 2944.21M | 2291.00M | 1837.00M | 919.00M | 913.00M |
| Minority interest | -8.00M | -8.00M | -9.00M | -8.00M | -7.00M |
| Net income | 2232.22M | 1779.00M | 1355.00M | 770.00M | 750.00M |
| Selling general administrative | 3559.00M | 19565.00M | 19710.00M | 2950.00M | 2704.00M |
| Selling and marketing expenses | - | - | 6291.26M | - | - |
| Gross profit | 24956.98M | 18745.00M | 21852.00M | 13400.00M | 13199.00M |
| Reconciled depreciation | 181.00M | 172.00M | 135.00M | 108.00M | 56.00M |
| Ebit | 3207.07M | 2517.00M | 2069.00M | 1156.00M | 906.00M |
| Ebitda | 3408.87M | 2689.00M | 2204.00M | 1264.00M | 962.00M |
| Depreciation and amortization | 201.80M | 172.00M | 135.00M | 108.00M | 56.00M |
| Operating income | 2944.21M | 22707.00M | 2069.00M | 1156.00M | 906.00M |
| Other operating expenses | 22012.77M | 16542.00M | 15733.00M | 12573.00M | 12323.00M |
| Interest expense | 262.86M | 226.00M | 232.00M | 245.00M | 247.00M |
| Tax provision | 680.00M | 504.00M | 473.00M | 141.00M | 156.00M |
| Interest income | 157.00M | 200.00M | 188.00M | 166.00M | 177.00M |
| Net interest income | -254.00M | -226.00M | -232.00M | -245.00M | -247.00M |
| Income tax expense | 703.71M | 504.00M | 473.00M | 141.00M | 156.00M |
| Total revenue | 24956.98M | 18745.00M | 17446.00M | 13400.00M | 13199.00M |
| Total operating expenses | 22012.77M | 16542.00M | 20139.00M | -12244.00M | -12293.00M |
| Cost of revenue | - | -3565.00M | -4406.00M | - | - |
| Total other income expense net | 23040.00M | -20416.00M | -19841.00M | -237.00M | 7.00M |
| Net income from continuing ops | 2165.00M | 1787.00M | 1364.00M | 778.00M | 757.00M |
| Net income applicable to common shares | 2157.00M | 1779.00M | 1355.00M | 770.00M | 700.00M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 49191.17M | 43846.00M | 51098.41M | 49502.00M | 49303.00M |
| Intangible assets | 525.35M | 494.00M | 516.00M | 440.00M | 433.00M |
| Other current assets | - | -2171.00M | 2807.94M | 8036.00M | 20318.00M |
| Total liab | 37510.29M | 33115.00M | 36512.05M | 40510.00M | 3653.00M |
| Total stockholder equity | 11678.88M | 10731.00M | 14581.96M | 8992.00M | 8882.00M |
| Deferred long term liab | - | - | - | 2587.00M | 2368.00M |
| Other current liab | -914.62M | - | -11774.02M | -406.00M | 8838.00M |
| Common stock | 8429.68M | 8708.00M | 12449.62M | 9241.00M | 9775.00M |
| Capital stock | - | 8708.00M | 9378.00M | 9241.00M | 9775.00M |
| Retained earnings | 4171.81M | 2945.00M | 2703.89M | 1114.00M | 714.00M |
| Other liab | - | - | - | 14612.00M | 16081.00M |
| Good will | 1580.07M | 1470.00M | 2338.98M | 1578.00M | 2016.00M |
| Other assets | 503.00M | 43846.00M | - | 21549.00M | 20318.00M |
| Cash | 1870.26M | 1638.00M | 2001.91M | 833.00M | 819.00M |
| Cash and equivalents | 1855.00M | - | - | 832.00M | 805.00M |
| Total current liabilities | - | - | -9843.92M | 406.00M | 21216.00M |
| Current deferred revenue | - | - | 186.12M | - | - |
| Net debt | 2235.51M | 1257.00M | 2522.17M | 2212.00M | 2803.00M |
| Short term debt | 914.62M | - | 1110.87M | 406.00M | 0.00M |
| Short long term debt | - | - | - | 406.00M | - |
| Short long term debt total | 4105.77M | 2895.00M | 4524.07M | 3045.00M | 3622.00M |
| Other stockholder equity | -16.01M | 3.00M | -4.40M | 2.00M | 1.00M |
| Property plant equipment | 283.00M | - | - | 427.00M | 483.00M |
| Total current assets | 10516.09M | - | 2807.94M | 9174.00M | 7928.00M |
| Long term investments | - | 20189.00M | 17361.00M | 16334.00M | 18125.00M |
| Net tangible assets | - | - | - | 7048.00M | 6518.00M |
| Short term investments | - | 9122.00M | -635.91M | 11316.00M | 10193.00M |
| Net receivables | 8645.83M | 533.00M | 519.00M | 8341.00M | 7109.00M |
| Long term debt | 2843.00M | 2664.00M | 2798.00M | 2744.00M | 3268.00M |
| Inventory | - | - | -1885.00M | - | - |
| Accounts payable | - | - | 633.11M | 13913.00M | 11880.00M |
| Accumulated other comprehensive income | -906.61M | -925.00M | -567.16M | -1365.00M | -1608.00M |
| Treasury stock | - | - | - | - | -2.00M |
| Non currrent assets other | 1044.70M | -22442.00M | 40322.23M | -18779.00M | -21057.00M |
| Non current assets total | 38675.08M | - | 48290.47M | 18779.00M | 21057.00M |
| Capital lease obligations | - | 231.00M | 289.00M | 301.00M | 354.00M |
| Long term debt total | 3073.00M | - | - | 3045.00M | 3622.00M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | -2682.00M | -1476.00M | -428.00M | -2007.00M | -2635.00M |
| Change to liabilities | - | - | - | 2797.00M | 3245.00M |
| Total cashflows from investing activities | -2968.01M | -1476.00M | -428.00M | -2007.00M | -2771.00M |
| Net borrowings | -75.00M | -70.00M | -56.00M | -474.00M | 263.00M |
| Total cash from financing activities | -1113.52M | -745.00M | -498.00M | -790.00M | 101.00M |
| Change to operating activities | - | - | - | 358.00M | 52.00M |
| Net income | 2232.22M | 1779.00M | 1355.00M | 770.00M | 750.00M |
| Change in cash | 104.88M | 272.00M | 533.00M | 14.00M | 53.00M |
| Begin period cash flow | 1765.38M | 1366.00M | 833.00M | 819.00M | 766.00M |
| End period cash flow | 1870.26M | 1638.00M | 1366.00M | 833.00M | 819.00M |
| Total cash from operating activities | 4370.27M | 2575.00M | 1503.00M | 878.00M | 2754.00M |
| Depreciation | 201.80M | - | 197.96M | 108.00M | 56.00M |
| Other cashflows from investing activities | -47.60M | -152.00M | -196.61M | -1842.00M | -20.00M |
| Dividends paid | 835.14M | -760.00M | -441.00M | 315.00M | 162.00M |
| Change to account receivables | - | - | - | -2612.00M | -1920.00M |
| Sale purchase of stock | -1134.22M | -1.00M | -1.00M | -1.00M | 0.00M |
| Other cashflows from financing activities | -56.92M | 86.00M | -428.00M | -2007.00M | 550.00M |
| Change to netincome | - | - | - | 1308.00M | 461.00M |
| Capital expenditures | 22.77M | 234.00M | 168.00M | 165.00M | 120.00M |
| Change in working capital | 2537.51M | 772.00M | 539.51M | -3918.00M | -3806.00M |
| Stock based compensation | - | 59.00M | 42.00M | - | - |
| Other non cash items | -601.26M | 1803.00M | -631.46M | -878.00M | -806.00M |
| Free cash flow | 4347.50M | 2341.00M | 1335.00M | 713.00M | 2634.00M |
Sector: Financial Services Industry: Insurance - Property & Casualty
|
Stock Name
|
Change
(AUD) |
Price
(AUD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
|---|---|---|---|---|---|---|---|
| QBE QBE Insurance Group Limited |
0.86 3.32% |
26.75 | 12.68 | 16.42 | 2.06 | 2.31 | 1.45 |
| SUN Suncorp Group Ltd |
0.22 1.10% |
20.29 | 21.13 | 16.69 | 1.41 | 2.00 | 1.47 |
| IAG Insurance Australia Group Ltd |
0.06 0.68% |
8.91 | - | 16.58 | 1.08 | 0.61 | 1.34 |
| TWR Tower Ltd |
0.01 0.59% |
1.71 | 11.30 | 9.96 | 0.96 | 2.27 | 1.20 |
| IAGPE Insurance Australia Group Ltd |
- -% |
105.00 | - | - | - | - | - |
QBE Insurance Group Limited engages in underwriting general insurance and reinsurance risks in the Australia Pacific, North America, and internationally. The company offers commercial and domestic property, agriculture, public/product liability, motor and motor casualty, professional indemnity, workers' compensation, accident, health, financial and credit, and other insurance products, as well as marine, energy and aviation insurance products. It also manages Lloyd's syndicates, as well as provides investment management services. The company was founded in 1886 and is headquartered in Sydney, Australia.
| Name | Title | Year Born |
|---|---|---|
| Mr. Andrew Horton A.C.A., B.A. | Group CEO & Exec. Director | NA |
| Mr. Inder Singh B.Com. | Group Chief Financial Officer | NA |
| Ms. Amanda Hughes B.Com., C.A., M.B.A. | Group Exec. of People & Culture | NA |
| Mr. Todd Jeffrey Jones B.Sc., M.B.A. | Chief Exec. Officer of North America | 1965 |
| Mr. Jason Richard Harris B.Sc. | Chief Exec. Officer of International | 1967 |
| Ms. Fiona Larnach FCPA, M.A.I.C.D. | Group Chief Risk Officer | NA |
| Mr. Samuel Harrison B.A. | Group Chief Underwriting Officer | 1970 |
| Ms. Susan Wendy Houghton A.C.A., B.A. | Chief Exec. Officer of Australia Pacific | NA |
| Mr. Matt Mansour M.B.A. | Group Exec. of Technology & Operations | NA |
| Ashley Dalziell | Group Head of Investor Relations | NA |
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