The last date for receipt of election notices applicable to the Bonus Share Plan and the Dividend Reinvestment Plan will be 13 March 2017. Net profit after tax for the year to 31 December 2016 was $844 million, up 23% compared with a net profit of $687 million last year. The Group's aggregate share of profits of these entities is not material. QBE Insurance Group Ltd. annual stock financials by MarketWatch.

Please visit the QBE Insurance Group website for the Group Annual Report. The QBE 2016 Annual Report. View all reports QBE was an early adopter in the use of drones, using the technology to assist in the inspection and verification of more than 70,000 acres of citrus trees in Florida.

The unfranked part of the dividend is declared to be conduit foreign income. Within two days, drone technology started to show its real value – surveying the damage and allowing us to settle 90% of large losses within 90 days.To assist the people of Ecuador in their recovery, QBE Emerging Markets organised a division-wide donation program.

This allowed us to accelerate claims payments, letting our customers get on with rebuilding their lives. Financial and operations overview Currently in use in our North American Operations, European Operations and Emerging Markets, drones have helped QBE deliver better customer outcomes.The QBE drone images were used to count the trees and inspect each for damage, reducing a three‑month manual task to under three weeks.Recognising the urgency, we immediately mobilised our regional catastrophe response team to Quito, with team members from Miami, Mexico, Argentina, Colombia and Puerto Rico providing local Ecuador support. The information in the tables above is extracted or derived from the Group’s audited financial statements included on pages 86 to 161 of this Annual Report.

The Bonus Share Plan will be satisfied by the issue of new shares with no discount applicable. Local QBE employees also organised a drive to collect bottled water, food and basic necessities for people in the most affected areas.  End-of-day quote Australian Stock Exchange - 09/01 Our strong partnerships, deep expertise and lexible coverage give customers the con idence With a danger of further building collapse, the authorities restricted physical access to the quake zone.

Excluding the impact of lower risk-free rates used to discount claims liabilities, the statutory combined operating ratio would have been 93.2%, lower than our target range of 94%-95%. The record date for determining shareholder entitlements to the dividend is 10 March 2017.

The Dividend Reinvestment Plan will be satisfied by the acquisition of shares on-market with no discount applicable. The QBE drone images were used to count the trees and inspect each for damage, reducing a three‑month manual task to under three weeks. Group Chief Financial Officer’s report. QBE Insurance Group Annual Report 2016. to equity holders of the company The share issue price for the Dividend Reinvestment Plan and the Bonus Share Plan will be based on a volume weighted average price of the shares in the 10 trading day period from 14 March to 27 March 2017 (both dates inclusive).
North American Operations business review. Annual Report is published on our website at www.qbe.com.

Drones offer QBE immediate access to areas affected by catastrophic events, such as earthquake or flood, allowing us to provide early assessment of the extent of damage.


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