BRIEF-QBE Insurance expects to achieve underlying insurance profit margin of around 10% for 2014

Tue, 25 Feb - 7:36am

Feb 25 (Reuters) - QBE Insurance Group Ltd QBE.AX :

* Market release - QBE announces 2013 results QBE.AX

* Says expect premium rates overall to firm by 2.5% on average in 2014

* Consistent with December 2013 market announcement, we are targeting a 2014

combined operating ratio of 93%

* Expect to achieve an underlying insurance profit margin of around 10% for

2014

* Source : Href="Link">http://r.reuters.com/geg27v * ((For more news, please click here QBE.AX ))

((Bangalore Newsroom; +91 80 6749 1130))

URN: 
urn:newsml:reuters.com:20140224:nWNBS00C85:6
Topics: 
RES FINS AU CMPNY BLR ASIA PINS LEN RTRS INS BACT RESF FIN INSR

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