Best's News


Best’s News & Research Service subscription required - February 19, 2021 03:08 PM (EST)

COVID-19, Catastrophes Lead QBE to $1.52 Billion 2020 Net Loss

COVID-19 and catastrophe losses along with a big drop in net investment income outpaced rate improvements for QBE Insurance Group Ltd., leading to a $1.52 billion net loss for 2020 compared with . . .

-- This content requires a subscription --

Already a Subscriber?

Log in  Register your purchase

Not a Subscriber?

Best's News & Research Service

A subscription includes:

  • BestDay
  • Best's News
  • Best's Review
  • Best's Research
  • Best's Special Reports & Commentaries
  • Best's Rankings
  • and more...

Subscribe

Receive emails featuring AM Best's news and research
Opt-in

Commercial Lines Earnings Property And Casualty Insurers COVID-19 (Coronavirus)


Latest News

BEST'S CREDIT RATING ACTION
AM Best Maintains Under Review With Negative Implications Status for Brighthouse Financial, Inc. and Its Subsidiaries
Jul 29, 2026 03:54 PM (EDT)
EARNINGS
Lemonade Names CFO, Announces Second-Quarter Net Loss
Jul 29, 2026 03:47 PM (EDT)
MISSISSIPPI
Mississippi Revokes Licenses of 59 Health Insurance Agents Over Fraud Allegations
Jul 29, 2026 03:03 PM (EDT)
OKLAHOMA
Oklahoma Updates Homeowners Nonrenewal, Cancellation Notice Timeline
Jul 29, 2026 02:50 PM (EDT)
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Privilege Underwriters Reciprocal Exchange and PURE Specialty Exchange
Jul 29, 2026 02:41 PM (EDT)

More from Best’s News


Trending

1
FINANCIAL REPORTS
Delaware Life Insurance, Clear Spring Life Acknowledge Grand Jury Subpoenas
Jul 21, 2026 02:59 PM (EDT)
2
LIFE AND ANNUITY INSURERS
TruStage Shuts Down Network Amid Cybersecurity Incident
Jul 16, 2026 10:52 AM (EDT)
3
EMPLOYEE TERMINATION
Prudential Financial Signals Additional Layoffs With 89 Positions To Be Eliminated by Autumn
Jul 22, 2026 04:26 PM (EDT)
4
EARNINGS
Chubb CEO: Competitive Softening Is Spreading Through Casualty Lines
Jul 22, 2026 01:47 PM (EDT)
5
MUTUAL INSURERS
Insurance Crosses Muddy Farm Fields at United Kingdom's Royal London Mutual
Jul 22, 2026 03:31 PM (EDT)
1
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of National Indemnity Company and Its Affiliates
Apr 16, 2026 12:04 PM (EDT)
2
LIFE AND ANNUITY INSURERS
TruStage Shuts Down Network Amid Cybersecurity Incident
Jul 16, 2026 10:52 AM (EDT)
3
FINES AND PENALTIES
California DOI Warns Tesla Insurance Could Be Suspended Unless Claims Handling Is Addressed
Oct 06, 2025 04:17 PM (EDT)
4
CYBER LIABILITY
Aflac Japan Data Breach Under Investigation
Jul 01, 2026 11:30 AM (EDT)
5
FINANCIAL REPORTS
Delaware Life Insurance, Clear Spring Life Acknowledge Grand Jury Subpoenas
Jul 21, 2026 02:59 PM (EDT)

    

1
LIFE AND ANNUITY INSURERS
TruStage Shuts Down Network Amid Cybersecurity Incident
Jul 16, 2026 10:52 AM (EDT)
2
NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS
Update: NAIC Discloses Data Breach in Software System
Jun 23, 2026 04:18 PM (EDT)
3
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of National Indemnity Company and Its Affiliates
Apr 16, 2026 12:04 PM (EDT)
4
STRATEGY
Zurich CEO: Global Specialty Prospects Ideal Amid Current Uncertainty
Nov 19, 2025 11:03 AM (EST)
5
FINES AND PENALTIES
California DOI Warns Tesla Insurance Could Be Suspended Unless Claims Handling Is Addressed
Oct 06, 2025 04:17 PM (EDT)
AM Best TV

Related Companies

AMB# Company Name
085434 QBE Insurance Group Limited
MERGERS AND ACQUISITIONS
Aviva Acquires Remaining Stake in India Life Joint Venture
Jul 10, 2026 11:14 AM (EDT)
PEOPLE IN INSURANCE
QBE Appoints Head of Distribution for Europe
Jul 07, 2026 12:39 PM (EDT)
MERGERS AND ACQUISITIONS
QBE Fully Acquires Raheja QBE in India Following Regulatory Approval
Jul 02, 2026 04:32 PM (EDT)
PEOPLE IN INSURANCE
QBE Re Appoints Ex-Aspen Re Executive as Head of Marine, Energy & Aviation, London
Jun 12, 2026 11:49 AM (EDT)
REINSURANCE INTERMEDIARY
London Broker BPL Launches Trade Credit, Political Risk Reinsurance Division
May 22, 2026 12:17 PM (EDT)

More Related Company News

To Submit News go to - https://www.ambest.com/bestweek/submitnews.html