QBE Emerging Markets – Asia Pacific announced that its group general manager of Credit & Surety, Richard Wulff, will be relocating to Hong Kong from Singapore, effective January 2016. Wulff is relocating to support the Asia Pacific teams and the …
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 transaction will result in a pretax loss of about $120 …
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 is part of Australia’s QBE Insurance Group. …
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 responsibility for developing QBE’s liability book in …
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 profit. Net income in the year ended …
Fairfax Financial Holdings, the Canadian property and casualty insurer run by contrarian investor Prem Watsa, said it would buy Brit plc for some $1.88 billion to become one of the top five underwriters on the Lloyd’s of London market. Watsa, …
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 warnings in two years. QBE debt …
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 earnings. The insurer, which earns about …
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, “it has been concluded that the strategic opportunity for organic and …
QBE Insurance Group Ltd., Australia’s second-largest insurer by market value, climbed to its highest level in more than two months on plans to increase premium rates and bring its North American unit back to profit this year. Shares in the …
