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Feb 21, 2018

QBE 386 2015 account result and updated 2016 forecast

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QBE has announced the 2015 year of account result and the latest forecast for 2016 for its syndicate 386, as follows:-

Year of Account

2015 result / revised 2016 forecast

Previous forecast as at September 2017

Change on midpoint

2015

+9.6%

+5.0% to +10.0%

+2.1% points

2016

+4.0% to +9.0%

+0.3% to +5.3%

+3.70%

Results and forecasts are after the deduction of all personal expenses but before members’ agency fees.