AM Best revises QBE outlook to stable

Ratings agency AM Best has today (15 January) revised its
outlook for QBE from negative to stable.
It also affirmed the A financial strength rating (FSR) and
'a' issuer credit rating for QBE's key operating
subsidiaries, including QBE Insurance (Europe), QBE Re (Europe) and
QBE Insurance (International).
The outlook was also revised to stable for pooled and
reinsurance members of QBE North America.
AM Best said that the revision reflected QBE's return to a
strong level of consoli