Latest QBE Headlines

All the headlines from our QBE Topic Page, ordered by recency.

QBE North America Names Prahl to Co-lead Western Region

Nov 3 2020 // QBE North America has named Lucas Prahl senior vice president, regional underwriting leader, for the Western region. The company has also named Bobby Steinsdoerfer senior vice president, regional underwriting leader, in...

QBE NA Appoints Steinsdoerfer as Central Regional Underwriting Leader

Oct 29 2020 // QBE North America has hired Bobby Steinsdoerfer as senior vice president, regional underwriting leader – central region. Steinsdoerfer joins QBE from AIG’s Blackboard Insurance Co., bringing 12 years of...

QBE Appoints Pryce as Interim Group CEO After Regan’s Forced Exit in September

Oct 23 2020 // QBE Insurance Group announced that Richard Pryce will assume the role of interim group chief executive officer while the search process for a permanent replacement is underway. The executive changes at QBE became necessary...

Harris Joins QBE as CEO of International Division

Oct 5 2020 // Jason Harris has joined QBE Insurance this month to take on the role of chief executive officer, International Division, which includes European Operations. He will succeed Richard Pryce who will retire from QBE during Q1...

For 60% of Mid-Sized Businesses, Crisis Management Is Key Unmet Need

Sep 7 2020 // Nearly 60% of mid-sized businesses said crisis management remains a top unmet need in terms of reducing risk exposure. At the same time, a little over a third said they’re concerned about rising insurance rates,...

QBE CEO Regan Exits After Investigation Into Female Employee’s Complaint

Sep 1 2020 // QBE Insurance Group’s Chief Executive Officer Pat Regan is departing the insurer after an external investigation found his workplace communications did not meet the standards set out in the group’s code of...

For 60% of Mid-Sized Businesses, Crisis Management Is Key Unmet Need

Aug 31 2020 // Nearly 60 percent of mid-sized businesses said crisis management remains a top unmet need in terms of reducing risk exposure. At the same time, a little over a third said they’re concerned about rising insurance...

People & Places

Aug 24 2020 // National QBE North America has promoted Steve Gransbury to head of Specialty Insurance, a new group of existing QBE businesses, and promoted Tara Krauss to head of Accident & Health. The Specialty Insurance unit...

QBE Appoints Mann Head of Credit & Surety in North America

Aug 20 2020 // Insurer QBE has named Harpreet Mann as head of Global Credit & Surety for its North America division. In this role, she will develop strategy for enhancing the this book of business in North America while building...

QBE Expects H1 2020 Loss of US$750M on COVID-19, Natural Catastrophe Claims

Jul 22 2020 // QBE Insurance Group expects to report a first-half, after-tax loss of around $750 million, mainly due to COVID-19 claims and natural catastrophes, which included Australia’s bushfires and hailstorms at the beginning...

QBE NA Names Lessman Head of Professional Lines and Industry Verticals

Jul 8 2020 // QBE North America has Toria Lessman as senior vice president, head of Professional Lines and Industry Verticals. She is based in Chicago. Lessman had most recently been serving as head of Transactional Liability, one of...

QBE Sells Stake in India Insurance Joint Venture to Fintech Platform Paytm

Jul 8 2020 // India’s financial technology platform Paytm is set to acquire Mumbai-based private sector general insurer Raheja QBE General Insurance Co. Ltd. The acquisition is subject to customary conditions, including approval...

Legacy Specialist Compre Signs 2nd Transaction with QBE

Jul 2 2020 // Compre, the London-based independent re/insurance legacy specialist, announced it has signed its second legacy transaction with QBE for an undisclosed sum. The transaction follows Compre’s acquisition of QBE’s...

People & Places

Jun 15 2020 // National Everest Insurance announced changes to the Commercial Casualty leadership team. Four underwriters across the country have been appointed leaders for the Northeast, South, Midwest and Southwest regions. Frank Engle...

Woosley Named Sr. VP, Broker Management & Sales Operations at QBE NA

Jun 3 2020 // QBE North America has appointed Thaddeus Woosley as senior vice president, Broker Management & Sales Operations. He is based in Chicago. Woosley most recently served as vice president, strategic advisor, Specialty...

QBE North America Promotes Gransbury to Head New Specialty Unit; Krauss to A&H

Jun 2 2020 // QBE North America has promoted Steve Gransbury to head of Specialty Insurance, a new group of existing QBE businesses, and promoted Tara Krauss to head of Accident & Health. The Specialty Insurance unit Gransbury now...

Chubb’s McNab Joins QBE North America as Chief Human Resources Officer

May 20 2020 // Specialty Insurer QBE North America announced the appointment of Becket McNab as chief human resources officer. McNab will be responsible for all North America human resources activities, including driving the...

QBE Insurance Plans US$825M Capital Raise on COVID-19 Economic Uncertainties

Apr 15 2020 // QBE Insurance is planning to raise about US$825 million in capital as a result of the economic and investment market uncertainty created by the coronavirus crisis. The company will raise approximately $750 million of...

QBE Taps AXA XL’s Harris as CEO, International, Succeeding Pryce

Apr 7 2020 // QBE Insurance Group has appointed Jason Harris as chief executive officer, International, succeeding Richard Pryce who is retiring at the end of this year. The role reports to Pat Regan, group chief executive officer and...

QBE Withdraws 2020 Financial Targets on COVID-19 Related Economic Uncertainty

Mar 31 2020 // QBE released its 2019 full year results on Feb. 17, 2020, which included an outlook statement that included combined operating ratio and net investment return targets for the 12 months ended Dec. 31, 2020. However, QBE has...