QBE News

QBE Australia & New Zealand Names Prudential Plc’s Baxter as CRO

QBE Australia and New Zealand announced that Mark Baxter has been appointed to the position of chief risk officer. Baxter has recently returned from the UK where he was Prudential’s chief risk officer for the UK and Europe and an …

QBE Launches Privacy, Network Security Coverage for Businesses

QBE North America, an operating division of QBE Insurance Group Limited, has launched a new privacy & network security offering as part of its continued specialty insurance expansion. The new Solution for Cyber Risk product is a comprehensive product suite …

Allianz Weighs Acquisition of Australia’s QBE: Sources

Germany’s Allianz has made an informal takeover approach to QBE Insurance, Australia’s biggest insurer, but has not named a price, sources told Reuters on Monday. Shares in QBE closed flat after rising by up to 5 percent, while Allianz was …

QBE’s Pryce Appointed to Lloyd’s Franchise Board, Succeeding Furlonge

Lloyd’s announced that Richard Pryce, CEO for QBE European Operations, has been appointed by the Council of Lloyd’s as a non-executive director of the Franchise Board, the body which is responsible for the day-to-day running of the Lloyd’s market. Pryce …

QBE Insurance Group Names Regan CEO, Australia & New Zealand Operations

QBE Insurance Group Ltd. announced the appointment of Pat Regan as CEO, Australian & New Zealand Operations, effective March 1, 2017. Regan has been acting in this role since August 2016, in addition to his responsibilities as group chief financial …

QBE, SUA Agency to Offer Professional Liability Coverage to Mortgage Specialists

QBE North America has formed a program underwriting agreement with Stateside Underwriting Agency (SUA) to offer its clients who are title agents, abstractors and escrow agents professional liability insurance for primary and excess coverage. Mortgage company professional liability and mortgage …

QBE to Supply General Insurance Products for Manulife Customers in Hong Kong

Manulife (International) Ltd. and QBE Hongkong & Shanghai Insurance Ltd. have formed an exclusive distribution agreement whereby QBE will supply general insurance products in Hong Kong for distribution through Manulife’s agents. Designed to complement Manulife’s life, pensions and wealth management …

QBE Weighs Brexit-Effect; Marsh Considers Some Brexit Scenarios

QBE Insurance Group announced this week that it will be reviewing its UK-based operations in light of last week’s vote in the UK to leave the European Union. “The referendum outcome may require a revised approach in relation to approximately …

People Are Key to a CFO’s Success: QBE’s Group CFO Regan

When discussing his career as a chief financial officer, Patrick Regan, group chief financial officer for QBE, emphasizes the importance of people and the team the CFO builds. “You’re only as successful as the team of people you build around …

Global, Diversified Multiline Insurers Best Placed to Withstand Challenges: S&P

Global, diversified insurers are best positioned to withstand the industry’s top economic and competitive challenges, according to a report published by Standard & Poor’s Global Ratings. Geographic and product diversification help global multiline insurers (GMIs) cope with challenges such as …