QBE Insurance Group (ASX:QBE) has declared an interim dividend of 14 AU cents per share.

The company announced a HY revenue from ordinary activities of $9,921 million, in comparison to $8,955 million in the previous corresponding period.

The company’s HY gross written premium was US$ 12,803 million, marking an increase from US$11,576 million.

The insurer also recorded a total net investment income of $461 million for the current half year, compared to a net loss of $874 million in the prior period.

‘During the second half of 2023, our focus will continue to centre around initiatives to build resilience,’ the company stated.

The operating backdrop is expected to remain favourable, QBE noted.

Additionally, the company’s HY net profit attributable was up by 733% to $400 million.

QBE Insurance Group is a multinational insurance provider that specialises in offering comprehensive insurance solutions and risk management advice to businesses and individuals.