0145 GMT - QBE Insurance keeps its bulls at UBS after sustaining its earnings outlook despite the backdrop of a softening premium-rate cycle. The investment bank's analysts tell clients in a note that the Australian company's fiscal 2026 earnings outlook is well underpinned by factors including stabilizing investment yields and a new A$450 million share buyback. QBE's 92.5% combined operating ratio guidance is in line with consensus, they add. UBS trims its target price by 2.2% to A$24.15 and keeps a buy rating on the stock. Shares are up 1.8% at A$19.39. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
November 27, 2025 20:45 ET (01:45 GMT)
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