2313 GMT - The risk of a benign U.S. hurricane season is on the rise, and that's good news for QBE Insurance, says UBS. Historical trends indicate that approximately 75-80% of hurricanes typically form by end-September. However, analyst Kieren Chidgey notes that the 2025 season shows significantly lower activity compared to this pattern. No major hurricanes have affected the U.S., and 3Q has been favorable for QBE so far. "While too early to adjust catastrophe cost estimates, we see growing upside risk to FY 2025 EPS on this front though note this could fuel further rate softening across RI and Property classes in FY 2026," UBS says. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
October 05, 2025 19:13 ET (23:13 GMT)
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