The combined costs of a series of catastrophic weather events and a one - off hit to its Northern
operation forced QBE's profit down 248 per cent, compared with profit a year earlier of $ US844 million.
The combined costs of a series of catastrophic weather events and a one - off hit to its Northern
operation forced QBE's profit down 248 per cent, compared with profit a year earlier of $ US844 million.Dividends also took a hit, with the insurer declaring a final dividend of 4 cents per share, down from the 33 cents payout a year ago.