Fitch goes negative on QBE following 2020 performance deterioration
QBE’s expectation of a $1.5bn net loss for 2020 has prompted Fitch to revise its outlook on the Australian insurer’s ratings to negative, which follows a similar move from Moody’s.
QBE’s expectation of a $1.5bn net loss for 2020 has prompted Fitch to revise its outlook on the Australian insurer’s ratings to negative, which follows a similar move from Moody’s.