QBE Re has announced major changes to its organizational structure as part of the reinsurer’s strategy to further align and unify the global structure of the business under Managing Director Steve Postlewhite. QBE Re will now coordinate the underwriting of …
Australia’s QBE Insurance Group said on Thursday its first-quarter written premiums grew 22% in constant currency terms, as volatility because of the Russia-Ukraine war led to more demand to insure crops. The war in Ukraine has rattled commodity markets as …
QBE has launched a Sustainable Energies unit to support customers as they transition to lower carbon energy. The unit will align QBE underwriting capabilities across construction, operational, casualty and D&O lines, focusing on underwriting the growing range of companies and …
Pen Underwriting announced two new long-term UK capacity deals with QBE in the highly specialist areas of public authority and higher education risks, as well as hazardous goods, environmental industries and tanker transportation. The renewed agreements build on strategic partnerships …
Andrew Horton, the former CEO of Beazley, officially became QBE’s new group CEO on Sept. 1 – an appointment that was originally announced in March. Also on Sept. 1, QBE Re announced the appointment of SiriusPoint’s Tracey Gibbons as head …
This edition of International People Moves details appointments at QBE International, Zurich Insurance, and MGA Rokstone. A summary of these new hires follows here. QBE International Appoints Mejia as VP of Property Underwriting, LatAm QBE International has ramped up its …
This edition of International People Moves covers appointments at two insurers: Swiss Re Corporate Solutions and QBE European Operations. A summary of these new hires follows here. Swiss Re Corporate Solutions Names Blattner-Hoyle to Lead Trade Finance Swiss Re Corporate …
Top insurance companies, ordered by Britain’s highest court to pay thousands of small businesses millions of pounds in claims for COVID-19 disruption, are facing a battle with reinsurers over who should foot the bill, industry sources said. Bars, beauty parlors, …
QBE officially announced a $1.5 billion bottom-line net loss for 2020 late last week, confirming a figure the Australia-based insurance group pre-announced in late mid-December. The result represents nearly $1 billion downward swing from a $522 million net profit reported …
Small businesses, from restaurants to nightclubs and wedding planners to beauty parlors, on Friday won the right to insurance payouts after Britain’s highest court ruled many policies should cover losses caused by coronavirus lockdowns. Six of the world’s largest commercial …
