February 26, 2017 / 9:34 PM / 7 months ago

BRIEF-QBE Insurance group Fy net profit $844 mln vs $687 mln

Feb 27 (Reuters) - Qbe Insurance Group Ltd-

* Fy revenue $17,267 million versus $16,574 million

* Fy net profit $844 million versus $687 million a year ago

* Final dividend 33 australian cents per share

* “Market backdrop will remain challenging in 2017”

* Sees fy17 investment return 2.5 percent to 3 percent

* Sees combined operating ratio to be in the range of 93.5 percent to 95 percent for fy 2017 Source text (bit.ly/2mzXujE) Further company coverage:

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