QBE News

Hong Kong’s Hang Seng Bank Seeks New Bancassurance Partner After QBE Deal Expires

Hang Seng Bank Ltd., a Hong Kong-based lender majority owned by HSBC Holdings Plc, is seeking an insurance partner after its existing agreement with Australia’s QBE Insurance Group Ltd. expired, according to people familiar with the matter. Hang Seng Bank …

Markets/Coverages: QBE N.A. Starts Specialty Casualty; Ryan Specialty, Harleysville Team Up; Coalition, Vantage Capacity Partners; Joyn Expands Offerings

QBE North America launches Specialty Casualty business QBE North America today announced the launch of a Specialty Casualty business as part of its strategy to invest in areas where the insurer can offer distinct advantages to business customers. Offerings will …

People Moves: QBE Promotes Shallow as Head of Marine; Beazley Names MS Amlin’s Hunter for Open Mkt. Property; TigerRisk Hires Liberty’s Hodges for Analytics, Int’l

This edition of International People Moves details appointments at QBE, Beazley and TigerRisk Partners. A summary of these new hires follows here. QBE Promotes Shallow as Head of Marine QBE has appointed Kevin Shallow as director of Underwriting and product …

QBE Launches Sustainable Energies Unit to Support Clients’ Transition to Lower Carbon

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 …

MGA Pen Underwriting Forms 2 New Capacity Deals With QBE Worth £300M

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 …

People Moves: QBE Names Liberty Mutual’s Hunter as Dir. of Canada; Amwins Global Risks Hires Apollo’s Graham for Casualty; Ardonagh Promotes 2 Snr. Leaders

This edition of International People Moves details appointments at the insurer QBE Canada and brokers Amwins Global Risks and Ardonagh Group. A summary of these new hires follows here. QBE Appoints Liberty Mutual’s Hunter as Director of Canada QBE has …

Horton Becomes QBE’s CEO; SiriusPoint’s Gibbons Named Head of QBE Re Bermuda

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 …

People Moves: QBE Hires Swiss Re’s Mejia for LatAm Property U/W; Zurich Names Kasahara Chief Data Officer; Occam’s Green Joins Rokstone to Head Power Generation

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 …

RMS Launches New Climate Change Models

New Solutions Turn Climate Change Science into Business Risk Insights and Strategy Newark, CA – March 22, 2021 – RMS, the world’s leading catastrophe risk solutions company, today announced the forthcoming launch of a new suite of Climate Change Models …

Insurers Drop Appeal Against UK Court Ruling on 3 COVID Business Interruption Policies

Six insurers have decided not to appeal against a London High Court ruling that they were wrong to reject claims from holders of three business interruption insurance policies who have been pushed to the brink of collapse by the COVID-19 …