QBE Insurance Group Limited (QBE) — Tangible Net Worth Ratio
QBE Insurance Group Limited (QBE) has a Tangible Net Worth Ratio of 81.7% as of June 2026. This metric is calculated by deducting intangible assets (AU$2.13 Billion) from net assets (AU$11.66 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore QBE year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
QBE Insurance Group Limited Tangible Net Worth Ratio (1988–2025)
This chart shows how QBE Insurance Group Limited's Tangible Net Worth Ratio has changed across 36 annual periods from 1988 to 2025. As of June 2026, the ratio stands at 81.7%, reflecting net assets of AU$11.66 Billion with intangible assets of AU$2.13 Billion AUD. Check QBE Insurance Group Limited strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Annual Tangible Net Worth Ratio for QBE Insurance Group Limited (1988–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for QBE Insurance Group Limited from 1988 to 2025, covering 36 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see QBE company net worth.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 95.5% | AU$11.68 Billion | AU$525.35 Million | AU$49.19 Billion | ▲ +0.1 pp |
| 2024 | 95.4% | AU$10.73 Billion | AU$494.00 Million | AU$43.85 Billion | ▲ +0.6 pp |
| 2023 | 94.8% | AU$9.95 Billion | AU$516.00 Million | AU$42.11 Billion | ▲ +17.6 pp |
| 2022 | 77.2% | AU$8.93 Billion | AU$2.03 Billion | AU$33.22 Billion | ▲ +4.8 pp |
| 2021 | 72.4% | AU$8.85 Billion | AU$2.44 Billion | AU$43.24 Billion | ▲ +2.1 pp |
| 2020 | 70.3% | AU$8.49 Billion | AU$2.52 Billion | AU$46.62 Billion | ▲ +4.6 pp |
| 2019 | 65.8% | AU$8.16 Billion | AU$2.79 Billion | AU$35.75 Billion | ▲ +2.4 pp |
| 2018 | 63.4% | AU$8.40 Billion | AU$3.08 Billion | AU$39.58 Billion | ▼ -2.0 pp |
| 2017 | 65.4% | AU$8.77 Billion | AU$3.03 Billion | AU$43.69 Billion | ▲ +0.5 pp |
| 2016 | 64.9% | AU$10.28 Billion | AU$3.61 Billion | AU$42.05 Billion | ▼ -1.0 pp |
| 2015 | 65.9% | AU$10.58 Billion | AU$3.61 Billion | AU$42.93 Billion | ▼ -30.3 pp |
| 2014 | 96.2% | AU$9.53 Billion | AU$363.75 Million | AU$38.70 Billion | ▲ +1.7 pp |
| 2013 | 94.4% | AU$10.44 Billion | AU$580.98 Million | AU$47.43 Billion | ▲ +5.3 pp |
| 2012 | 89.1% | AU$11.77 Billion | AU$1.28 Billion | AU$52.35 Billion | ▲ +2.5 pp |
| 2011 | 86.6% | AU$10.59 Billion | AU$1.42 Billion | AU$47.43 Billion | ▼ -5.6 pp |
| 2010 | 92.2% | AU$10.57 Billion | AU$827.72 Million | AU$42.90 Billion | ▼ -0.5 pp |
| 2009 | 92.6% | AU$9.25 Billion | AU$681.06 Million | AU$36.81 Billion | ▲ +1.0 pp |
| 2008 | 91.7% | AU$7.96 Billion | AU$663.82 Million | AU$34.24 Billion | ▼ -3.2 pp |
| 2007 | 94.9% | AU$7.50 Billion | AU$383.54 Million | AU$34.77 Billion | ▼ -1.9 pp |
| 2006 | 96.8% | AU$5.06 Billion | AU$161.09 Million | AU$25.33 Billion | ▲ +5.4 pp |
| 2004 | 91.4% | AU$3.50 Billion | AU$301.14 Million | AU$19.58 Billion | ▲ +5.8 pp |
| 2002 | 85.5% | AU$1.68 Billion | AU$242.29 Million | AU$11.39 Billion | ▼ -0.2 pp |
| 2001 | 85.8% | AU$1.39 Billion | AU$197.54 Million | AU$10.18 Billion | ▲ +6.8 pp |
| 2000 | 78.9% | AU$1.75 Billion | AU$369.00 Million | AU$14.50 Billion | ▼ -20.1 pp |
| 1999 | 99.0% | AU$5.31 Billion | AU$52.63 Million | AU$9.53 Billion | ▲ +4.1 pp |
| 1998 | 94.9% | AU$734.57 Million | AU$37.25 Million | AU$4.28 Billion | ▲ +0.9 pp |
| 1997 | 94.1% | AU$632.96 Million | AU$37.56 Million | AU$3.84 Billion | ▼ -1.0 pp |
| 1996 | 95.1% | AU$723.87 Million | AU$35.39 Million | AU$3.95 Billion | ▼ -1.2 pp |
| 1995 | 96.3% | AU$626.69 Million | AU$23.00 Million | AU$2.85 Billion | ▲ +0.2 pp |
| 1994 | 96.1% | AU$475.00 Million | AU$18.32 Million | AU$2.44 Billion | ▲ +2.1 pp |
| 1993 | 94.1% | AU$443.58 Million | AU$26.23 Million | AU$2.22 Billion | ▲ +1.9 pp |
| 1992 | 92.2% | AU$351.48 Million | AU$27.43 Million | AU$1.81 Billion | ▲ +1.7 pp |
| 1991 | 90.5% | AU$346.56 Million | AU$32.83 Million | AU$2.04 Billion | ▼ -1.8 pp |
| 1990 | 92.3% | AU$301.27 Million | AU$23.08 Million | AU$1.52 Billion | ▲ +1.0 pp |
| 1989 | 91.3% | AU$274.23 Million | AU$23.82 Million | AU$1.42 Billion | ▲ +1.6 pp |
| 1988 | 89.7% | AU$214.11 Million | AU$21.98 Million | AU$1.13 Billion | — |