Fitch Ratings: Assigned Queensland Insurance Group (QBE.AX) $300 million T2 subordinated securities "BBB+" rating

On November 10, Fitch Ratings assigned a "BBB+" rating (stable outlook) to the $300 million T2 subordinated securities issued by QBE Insurance Group Limited from Australia also known as "Queensland Insurance Group" (QBE.AXA). The securities were issued through QBE Insurance Group's note issuance program and represent its direct, unsecured, and subordinated debt.