QBE to miss 2017 COR target and fall to loss after "challenging year"
Australian giant QBE is expecting a combined operating ratio of 104% and $1.2bn (£858m) loss for 2017's financial year.
The estimated figure, released to the Australian Stock Exchange today, is worse than the insurer’s expected combined operating ratio range of 100% to 102% given in a market update in October and
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