QBE Insurance's 500 Million Euros of Tier 2 Subordinated Securities Assigned 'BBB+' Rating by Fitch

MT Newswires Live

Jun 16

QBE Insurance's (ASX:QBE) 500 million euros in tier 2 subordinated securities have been assigned a "BBB+" rating by Fitch Ratings, according to a Tuesday note by the ratings agency.

Fitch said the subordinated notes are rated two notches below QBE's Issuer Default Rating (IDR), comprising two notches for poor baseline recoveries and zero for minimal non-performance risk, with QBE's ratings reflecting the non-life insurance group's very strong capitalization and leverage, favorable company profile and very strong financial performance and earnings.

The securities have been issued through QBE's note issuance program and are its direct, unsecured, and subordinated obligations, maturing on June 17, 2037, and carrying a fixed annual coupon rate of 4.293% paid in arrears up to June 17, 2032.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/2643330367"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2643330367\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2643330367?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-16 12:04","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2643330367","market":"sh","top_or_hot":-1,"title":"QBE Insurance's 500 Million Euros of Tier 2 Subordinated Securities Assigned 'BBB+' Rating by Fitch","media":"MT Newswires Live","content":"<html><body><p> <a href=\"https://laohu8.com/S/QBEIF\">QBE Insurance</a>'s (ASX:QBE) 500 million euros in tier 2 subordinated securities have been assigned a \"BBB+\" rating by Fitch Ratings, according to a Tuesday note by the ratings agency.</p><p>Fitch said the subordinated notes are rated two notches below QBE's Issuer Default Rating (IDR), comprising two notches for poor baseline recoveries and zero for minimal non-performance risk, with QBE's ratings reflecting the non-life insurance group's very strong capitalization and leverage, favorable company profile and very strong financial performance and earnings.</p><p>The securities have been issued through QBE's note issuance program and are its direct, unsecured, and subordinated obligations, maturing on June 17, 2037, and carrying a fixed annual coupon rate of 4.293% paid in arrears up to June 17, 2032.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>QBE Insurance's 500 Million Euros of Tier 2 Subordinated Securities Assigned 'BBB+' Rating by Fitch</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nQBE Insurance's 500 Million Euros of Tier 2 Subordinated Securities Assigned 'BBB+' Rating by Fitch\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-06-16 12:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> <a href=\"https://laohu8.com/S/QBEIF\">QBE Insurance</a>'s (ASX:QBE) 500 million euros in tier 2 subordinated securities have been assigned a \"BBB+\" rating by Fitch Ratings, according to a Tuesday note by the ratings agency.</p><p>Fitch said the subordinated notes are rated two notches below QBE's Issuer Default Rating (IDR), comprising two notches for poor baseline recoveries and zero for minimal non-performance risk, with QBE's ratings reflecting the non-life insurance group's very strong capitalization and leverage, favorable company profile and very strong financial performance and earnings.</p><p>The securities have been issued through QBE's note issuance program and are its direct, unsecured, and subordinated obligations, maturing on June 17, 2037, and carrying a fixed annual coupon rate of 4.293% paid in arrears up to June 17, 2032.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"QBE.AU","symbol_name":"QBE INSURANCE GROUP LTD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2643330367","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2643330367","pubTimestamp":1781582672,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"QBE Insurance's  500 million euros in tier 2 subordinated securities have been assigned a \"BBB+\" rating by Fitch Ratings, according to a Tuesday note by the ratings agency.Fitch said the subordinated notes are rated two notches below QBE's Issuer Default Rating , comprising two notches for poor baseline recoveries and zero for minimal non-performance risk, with QBE's ratings reflecting the non-life insurance group's very strong capitalization and leverage, favorable company profile and very strong financial performance and earnings.The securities have been issued through QBE's note issuance program and are its direct, unsecured, and subordinated obligations, maturing on June 17, 2037, and carrying a fixed annual coupon rate of 4.293% paid in arrears up to June 17, 2032.","collect":0,"end_time":0,"defaultTopTitle":"","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"QBE.AU":"QBE INSURANCE GROUP LTD","BBB":"Cyber Hornet S&P 500 and Bitcoin 75/25 Strategy ETF"},"translate_title":"QBE Insurance 5亿欧元二级次级证券被惠誉授予“BBB+”评级","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"QBE.AU":1.5,"BBB":1.5},"content_text":"QBE Insurance's (ASX:QBE) 500 million euros in tier 2 subordinated securities have been assigned a \"BBB+\" rating by Fitch Ratings, according to a Tuesday note by the ratings agency.Fitch said the subordinated notes are rated two notches below QBE's Issuer Default Rating (IDR), comprising two notches for poor baseline recoveries and zero for minimal non-performance risk, with QBE's ratings reflecting the non-life insurance group's very strong capitalization and leverage, favorable company profile and very strong financial performance and earnings.The securities have been issued through QBE's note issuance program and are its direct, unsecured, and subordinated obligations, maturing on June 17, 2037, and carrying a fixed annual coupon rate of 4.293% paid in arrears up to June 17, 2032.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}