LONDON–(BUSINESS WIRE)–A.M. Best has commented that the Credit Ratings (ratings) of QBE Insurance Group Limited (QBE) (Australia) and its main insurance subsidiaries remain unchanged following QBE’s market update on 23 January 2018 that it has revised its full-year 2017 results expectations to a post-tax loss of approximately USD 1.2 billion. A higher-than-expected combined ratio of approximately 104% and the write-off of goodwill and deferred tax assets contributed to the revised forecast. T
