Qbe Insurance Group Limited · ASX:QBE
Qbe Insurance — Debt Investor Presentation (August 2025)
6 slides from Qbe Insurance's debt investor presentation, Aug 8, 2025
Slide 1: 2025 Half Year Result Fixed Income Supplement
2025 Half Year Result Fixed Income Supplement 8 August 2025 QBE Insurance Group Limited
Slide 2: Important notice and disclaimer
such an offer would be illegal. Securities of QBE may not be offered or sold in the United States or to, or for the account or benefit of, any U.S. Persons without registration under the Securities Act or an exemption The information in this presentation provides an overview of the results for the h
Slide 3: Regulatory capital position
31 Dec 30 Jun 2024 2025 Ordinary share capital and reserves 9,845 10,898 Net surplus relating to insurance liabilities 1,206 1,458 Regulatory adjustments to Common Equity Tier 1 Capital (2,602) (2,604) CET1 > Common Equity 60% of PCA Tier 1 Capital Total Tier 1 > Common Equity Tier 1 Capital 8,449 9
Slide 4: Balance sheet, borrowings and credit ratings
31 Dec 30 Jun 2024 2025 Cash, investments and investment properties 30,586 33,957 Reinsurance contract assets 9,438 9,325 • At 30 June 2025, all Group borrowings were regulatory capital qualifying Intangible assets 1,964 2,072 • Debt to total capital ratio of 25.2% (FY24: 19.9%) Other receivables 53
Slide 5: Tier 2 debt maturity and call profile
Weighted average time to first call: 3.7yrs 851 762 759 554 300 196 257 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Carrying Issued Notional value Issue date Currency First call date1 Coupon Maturity date Value instruments local currency US$M2 30NC10 Nov-15 US$M 300 Nov-25 6.10% Nov-45 300 30N
Slide 6: Enabling a more resilient future
Enabling a move resilient future ® QBE
QBE Insurance Group — Debt Investor Presentation (August 2025) on 6ix