QBE

QBE Insurance Group Limited ABN 28 008 485 014 Level 27, 8 Chifley Square, SYDNEY NSW 2000 Australia GPO Box 82, Sydney NSW 2001

telephone + 612 9375 4444 • facsimile + 612 9231 6104 www.qbe.com

27 February 2017

The Manager

Markets Announcements Office ASX Limited

Level 4

Exchange Centre 20 Bridge Street

SYDNEY NSW 2000

Dear Sir/Madam,

QBE Presentation on the 2016 results

Further to the Company's announcement to the market today on its results for the year ended 31 December 2016, please find attached the presentation to be delivered to investors and analysts this morning.

Yours faithfully

Carolyn Scobie

Company Secretary

Encl.

I

QBE Insurance Group

2016 full year results presentation

John Neal Group Chief Executive Officer

Pat Regan Group Chief Financial Officer

Monday 27 February 2017

All figures in US$ unless otherwise stated

John Neal Group Chief Executive Officer

2

2016 RESULTS SNAPSHOT

COR(1)

CLAIMS RATIO(1)

INSURANCE MARGIN

GWP(3)

EXPENSES

ROE

7.5%(2) 8.1%

2015 2016

  1. Excludes the impact of changes in risk-free rates used to discount net outstanding claims

  2. Excludes Argentine workers' compensation business and M&LS deferred acquisition cost write down

  3. Excludes Argentine workers' compensation and M&LS underwritten and fronted business

  4. Constant currency basis - 2015 restated at 2016 FX rates 3

  5. Excludes a one-off $22M legal provision

QBE Insurance Group Ltd. published this content on 27 February 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 26 February 2017 21:43:12 UTC.

Original documenthttps://www.group.qbe.com/system/files_force/Default Media/ASX Announcement - 2016 Annual Results Presentation - FOR ASX.pdf?download=1

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