Latest QBE Headlines
All the headlines from our QBE Topic Page, ordered by recency.
QBE Names Fagen as Group Chief Strategy Officer; Plant Is Promoted
Jul 29 2015 // Sydney, Australia-headquartered QBE has appointed Colin Fagen as group chief strategy officer, in a new role “designed to create a strong platform for growth across the group,” according to Group Chief...
QBE North America Names Pruss Head of P/C Personal Lines
Jul 20 2015 // QBE North America said Eric Pruss, formerly of Chubb and Fireman’s Fund, has joined the organization as senior vice president and head of Property/Casualty Personal Lines. Pruss will lead the business of personal...
QBE North America Adds Fry, Remy as Specialty Program Underwriting VPs
Jul 20 2015 // QBE North America announced two new underwriting vice presidents in the company’s Specialty Programs unit – Erin Fry and Bob Remy. Fry joins QBE from XL, where she was vice president and head of professional...
QBE Selling Lender-Placed Insurance Business for $90M
Jul 16 2015 // QBE Insurance Group Ltd., Australia’s second-largest insurer by market value, agreed to sell its North American mortgage and lender services business to National General Holdings Corp. for $90 million. The...
QBE Europe to Grow Middle East Casualty Business; Parfitt Appointed
Jun 19 2015 // QBE European Operations has announced plans to grow its casualty business in the MENA region. Laetitia Parfitt joined the team in Dubai this week as senior casualty underwriter. Parfitt will be responsible for developing...
Insurers Stepping Toward Greater Green Investment Footprint
Jun 18 2015 // This is the second of a two-part column on green bonds.The first installment focused on bond sales. Australian carrier QBE Insurance Group Ltd. has invested $190 million Australian Dollars ($148.42 million) in four green...
Former QBE Insurance Executive, Consultant Charged with Embezzling $2.6M
Jun 16 2015 // A former QBE Insurance Group Ltd. executive and an accomplice embezzled $2.6 million by submitting phony invoices in which the name of the chief financial officer was forged, according to U.S. prosecutors. James J. Shea, a...
Many UK Businesses Do Not Take Risk Culture Seriously: QBE Europe Survey
Jun 15 2015 // The vast majority of UK businesses (70 percent) are failing to address the importance of embedding a positive risk culture*, according to survey conducted by UK business insurance specialist QBE European Operations, which...
QBE Appoints Huber as Head of European Liability
May 4 2015 // London-based QBE European Operations, which is part of QBE Insurance Group, has appointed Thomas Huber to lead the expansion of its European liability portfolio. Huber has joined as head of European liability with...
QBE European Operations Names Menear as Director of Underwriting Operations
Apr 6 2015 // London-based QBE European Operations, which is part of QBE Insurance Group, has appointed Nick Menear as director of underwriting operations, effective April 1. In this new role, Menear is responsible for fostering...
QBE Returns to Profit During 2014 as North American Unit Improves
Feb 24 2015 // QBE Insurance Group Ltd., Australia’s second-largest insurer by market value, climbed the most in four years in Sydney stock trading as an improving North American business and lower provisions helped it return to...
QBE North America Launches Transactional Liability Insurance Practice
Feb 6 2015 // QBE North America’s has expanded its specialty lines offerings with the launch of a new Transactional Liability Practice. The Transactional Liability Practice, led by Dennis Kearns, QBE senior vice president &...
QBE Europe Appoints Johnson Surety Underwriter; Targeting Growth
Jan 28 2015 // QBE European Operations, the group’s business insurance specialist, announced the appointment of Tom Johnson as Surety Underwriter within QBE’s Trade Credit and Surety department. He will take up his role in...
QBE Selling U.S. Agency Businesses to Alliant for $300M
Jan 19 2015 // QBE Insurance Group Ltd. of Australia is selling its U.S. agency businesses to California-based Alliant Services Inc. for about $300 million and exiting the distribution business. The agencies being bought by Alliant...
QBE Wins Time for Cleanup as Plan Reduces Risk: Australia Credit
Aug 27 2014 // QBE Insurance Group Ltd.’s John Neal is shoring up the insurer’s balance sheet by selling shares and assets. He still has work to do convincing bond investors that business is improving after three profit...
QBE to Sell $750 Million in Shares, Some Assets as Profit Drops
Aug 19 2014 // QBE Insurance Group Ltd. plans to raise about $750 million in a share placement and sell assets including part of its lenders’ mortgage insurance business in Australia after reporting an 18 percent drop in...
QBE Falls Most in 7 Months Amid 18% Profit Decline Forecast
Jul 29 2014 // Australia’s QBE Insurance Group Ltd. slumped the most in seven months after forecasting an 18 percent decline in first-half earnings due to higher claims in Latin America and competition with other insurers. Net...
QBE Reorganizing to Create Emerging Markets Division for Lat.Am.-Asia Pacific
Jun 16 2014 // Australia’s QBE Insurance Group Limited has announced “a strategic change to ensure its business is positioned for profitable growth.” QBE said that after a review of its organizational structure,...
QBE North America Launches Management Liability & Professional Lines Coverages
Apr 30 2014 // QBE North America’s continues its expansion into the management liability & professional lines arena with the launch of three new products for public and private commercial companies and financial institutions...
SNL’s Top 30 E&S Writers: Berkshire On Fire with 40% Growth in 2013
Apr 7 2014 // With 40 percent premium growth in 2013, Berkshire Hathaway climbed five spots in the U.S. excess and surplus lines (E&S) ranking by SNL Financial, while QBE scaled back its North American operations and fell three...
