Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Australia
  4. Australian Stock Exchange
  5. QBE Insurance Group Limited
  6. News
  7. Summary
    QBE   AU000000QBE9

QBE INSURANCE GROUP LIMITED

(QBE)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

General Announcement::QBE Announces Proposed Issue of GBP Fixed Rate Resetting Subordinated Notes

09/01/2021 | 10:22pm EDT

QBE Insurance Group Limited ABN 28 008 485 014 Level 18, 388 George Street, SYDNEY NSW 2000 Australia GPO Box 82, Sydney NSW 2001

telephone + 612 9375 4444 • facsimile + 612 9231 6104

www.qbe.com

1 September 2021

The Manager

Market Announcements Office

ASX Limited

Level 4

Exchange Centre

20 Bridge Street

SYDNEY NSW 2000

Dear Sir/Madam,

QBE ANNOUNCES PROPOSED ISSUE OF GBP FIXED RATE RESETTING SUBORDINATED NOTES

Please see the attached market release.

This release has been authorised by the QBE Board of Directors.

Yours faithfully

Carolyn Scobie

Company Secretary

Attachment

MARKET RELEASE

1 September 2021

QBE ANNOUNCES PROPOSED ISSUE OF GBP FIXED RATE RESETTING SUBORDINATED NOTES

QBE is pleased to announce a proposed issue of GBP Fixed Rate Resetting Subordinated Notes ("Subordinated Notes") to be issued by QBE under its USD4,000,000,000 Note Issuance Programme, subject to market conditions and terms.

If QBE proceeds with the issue of the Subordinated Notes, pricing and further details will be the subject of a further announcement.

For further information, please contact:

Debt Relations

Investor Relations

Group Treasurer

Group Head of Investor Relations

Sam Vilo

Tony Jackson

Tel: +61 (2) 9375 4720

Tel: +61 (2) 9375 4364

Email: sam.vilo@qbe.com

Email: investor.relations@qbe.com

Media Enquiries

QBE Insurance Group Limited

Natalie Kitchen

ABN 28 008 485 014

Tel: +61 432 419 533

Level 18, 388 George Street

Email: natalie.kitchen@qbe.com

Sydney NSW 2000

Australia

www.qbe.com

DISCLAIMER

This market release does not constitute an offer or invitation for the Subordinated Notes for issue or sale in Australia or any other jurisdiction. Subordinated Notes are only available for sale to persons in Australia in circumstances where disclosure is not required in accordance with Part 6D.2 or Chapter 7 of the Corporations Act 2001 (Cth).

This market release may not be distributed or released in the United States. This market release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States or any other jurisdiction in which such an offer would be illegal. The securities referenced herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") or the securities laws of any state or other jurisdiction of the United States. The securities discussed in this market release may not be offered or sold, directly or indirectly, within the United States or to or for the account or benefit of U.S. persons (as defined in Rule 902(k) under the Securities Act), except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.

Disclaimer

QBE Insurance Group Ltd. published this content on 02 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 September 2021 02:21:01 UTC.


ę Publicnow 2021
All news about QBE INSURANCE GROUP LIMITED
10/21THE WRAP : Stagflation? Asian Savings Slump, Insurers & Healthcare
AQ
10/21Jupiter Intelligence, Inc. announced that it has received $54 million in funding from a..
CI
09/23Australia shares slip as gold, metal stocks drag
RE
09/22Ord Minnett rates SUN as Hold
AQ
09/22SUNCORP : Ord Minnett rates IAG as Accumulate
AQ
09/22QBE Builds Partnership with Flyreel, Inc
CI
09/21Australia shares fall as subdued copper prices weigh on metal stocks
RE
09/15UK COVID-19 business insurance payouts top one billion pounds -watchdog
RE
09/14Jupiter Intelligence, Inc. announced that it expects to receive funding from MS&AD Insu..
CI
09/13QBE INSURANCE : to List Bonds Worth $553 Million in Singapore
MT
More news
Analyst Recommendations on QBE INSURANCE GROUP LIMITED
More recommendations
Financials
Sales 2021 18 635 M 14 026 M 14 026 M
Net income 2021 1 118 M 842 M 842 M
Net Debt 2021 3 241 M 2 439 M 2 439 M
P/E ratio 2021 15,7x
Yield 2021 3,20%
Capitalization 17 733 M 13 310 M 13 347 M
EV / Sales 2021 1,13x
EV / Sales 2022 1,06x
Nbr of Employees 11 444
Free-Float 99,6%
Chart QBE INSURANCE GROUP LIMITED
Duration : Period :
QBE Insurance Group Limited Technical Analysis Chart | QBE | AU000000QBE9 | MarketScreener
Technical analysis trends QBE INSURANCE GROUP LIMITED
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 11
Last Close Price 12,01 AUD
Average target price 13,64 AUD
Spread / Average Target 13,6%
EPS Revisions
Managers and Directors
David Andrew Horton Group Chief Executive Officer & Director
Inder Singh Group Chief Financial Officer
Michael Wilkins Non-Executive Chairman
Matt Mansour Group Executive-Technology & & Operations
John M. Green Deputy Chairman
Sector and Competitors
1st jan.Capi. (M$)
QBE INSURANCE GROUP LIMITED40.80%13 193
AMERICAN INTERNATIONAL GROUP, INC.56.44%51 004
THE TRAVELERS COMPANIES15.11%39 750
THE ALLSTATE CORPORATION16.73%38 143
TOKIO MARINE HOLDINGS, INC.13.38%36 424
SAMPO OYJ34.28%29 851