Aug 17 (Reuters) - QBE Insurance Group Ltd QBE.AX :
* FY17 premium rate movements are expected to remain broadly in line with 1H17 experience
* "We have revised our FY17 gross written premium target from "relatively stable" to "modest growth""
* "While our FY17 combined operating ratio target remains 94.5%-96.0%, we are expecting it to be towards upper end of this range"