QBE Insurance has said that in relation to the 2006 final dividend, the dividend reinvestment plans and the dividend underwriting arrangements previously announced have raised approximately $452m.
The number of shares to be issued is 14.6m at a volume weighted average price of $30.90 per share.
Frank O'Halloran, group chief executive, said: "The funds raised are part of our previously announced financing of the US acquisitions."
Settlement is due 23rd March under the dividend underwriting and its shares are intended to be issued and listed for trading that day.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
