QBE Insurance Group Limited (AU:QBE) has released an update.
QBE Insurance Group demonstrated strong performance in 2023, supporting communities worldwide affected by natural disasters, amidst increasing natural catastrophes and geopolitical instability. The company is actively engaged in advocating for risk reduction, mitigation initiatives, and insurance affordability, through collaborative efforts with governments and communities. These measures are crucial as the industry faces challenges such as cost-of-living pressures, global inflation, and rising reinsurance costs.
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