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QBE International Markets announces changes to Miami team

27th August 2021

Global insurer QBE’s International Markets division has appointed new additions to its Miami team. Juan David Mejia has joined as Vice President of Property Underwriting and will be based in QBE International’s regional Latin American hub in Miami. Mejia joins from Swiss Re where he was Senior Property Underwriter, Latin America. He brings ... Read the full article

QBE posts net profit of $441m for H1

12th August 2021

Global insurer QBE has reported its net profit for the first half of 2021 came in at $441 million, compared with a net loss of $712 million for the prior year period. The rebound in profit reflects the groups turnaround in both underwriting and investment returns. On a constant currency basis, gross ... Read the full article

QBE adds AXA XL’s Ian France to lead European property operations

10th August 2021

Global insurer QBE has announced the appointment of Ian France as Head of Property, European Operations. France joins from AXA XL where he was International Property Manager and has previously held senior property roles at XL Catlin and AIG. In his new role, he will be working with each of the property ... Read the full article

QBE hires John Trotter as Asia Head, Digital Partnership Distribution

6th July 2021

The Asian division of global insurer QBE has appointed John Trotter as Asia Head, Digital Partnership Distribution. Trotter brings extensive experience in end-to-end partnership development, infrastructure creation, partnership sourcing, strategy development and commercial negotiation. For the past year he has worked as an independent adviser, working with early stage ventures across Asia ... Read the full article

Pandemic class actions filed against Lloyd’s and QBE

1st July 2021

Law firm Gordon Legal has initiated a Federal Court case against underwriters at Lloyd’s of London and filed a class action lawsuit against QBE in Australia over business interruption (BI) claims related to the pandemic, according to reports from the Australian Financial Review. Gordon Legal says the cases relate to claims ... Read the full article

QBE Re eyes LatAm expansion with new Colombia office

29th June 2021

QBE Re, the reinsurance arm of the Australian insurer, has announced the opening of a new office in Colombia, as well as a key regional appointment. Located in Bogotá, Colombia the new office will write life reinsurance business and be led by Christian Hofmann, who has been appointed Client Manager (Latam ... Read the full article

Oneglobal names QBE’s Plumridge Group COO

17th June 2021

Client-centric broker Oneglobal has named Simon Plumridge Group Chief Operating Officer, reporting to Group Chief Executive Officer Mike Reynolds. Plumridge’s appointment is effective July 1 and sees him join from QBE, having served as global head of multinational. He has more than 30 years of underwriting, operations and distribution experience and a ... Read the full article

QBE Re names GC’s Jamie Cook as Global Head of Client Management

2nd June 2021

Jamie Cook, formerly of reinsurance broker Guy Carpenter, has joined QBE Insurance as the new Global Head of Client Management, QBE Re, effective June 2021. Cook joins the reinsurer after spending three years with Guy Carpenter, most recently as Managing Director, Global Account Segment and Regional Sales Leader, EMEA. Previously, he spent ... Read the full article

QBE positive on Q1 performance despite $260mn nat cat bill

6th May 2021

Each one of QBE's divisions secured premium rate increases that were either in line with or stronger than expectations during 2021's first quarter. Speaking during QBE's 2021 Annual General Meeting, Chairman and Interim Chief Executive Officer Michael Wilkins said headline Gross Written Premium was up 28%. This reflects premium rate increases, continued ... Read the full article

QBE Re hires Jamie Cook as Head of Client Management

19th April 2021

QBE Re, the reinsurance arm of the Australian insurer, has appointed Jamie Cook as Head of Client Management. In this newly created role, Cook will be responsible for rolling out a consistent client model across all of QBE Re’s offices, as well as leading and co-ordinating interactions with key global clients. He ... Read the full article

QBE expands US FINPRO, adds Swiss Re’s Salvatore Samà to lead

9th April 2021

QBE Re, the reinsurance arm of Australian insurer QBE, has expanded its US Casualty treaty hub and appointed Salvatore Samà as Senior Vice President, Treaty Underwriting - FINPRO. Based in New York, Samà will take charge of driving the development and advancement of QBE Re’s US Financial and Professional Lines treaty ... Read the full article

QBE Re targets regional expansion; names Attilio Tornetta as Head of Africa

29th March 2021

QBE Re, the reinsurance arm of the Australian insurer, has announced the expansion of its treaty hub for Africa with the addition of Attilio Tornetta as Head of Africa, based in Dubai. In this newly created role, Tornetta will be responsible for all the new treaty business incepting from the April ... Read the full article

Beazley CEO Horton to depart, move to QBE Insurance as Group CEO

3rd March 2021

Beazley plc, the specialty insurance and reinsurance company, has announced this morning that its CEO Andrew Horton has revealed his intention to step down and depart the firm, for a move to become Group CEO of QBE Insurance Group Limited in Australia. Horton will remain in his post with Beazley until ... Read the full article

QBE “very disappointed” with $869m underwriting loss

19th February 2021

Australian re/insurer QBE has recorded a “disappointing” underwriting loss of US $869 million for 2020, mainly due to the COVID-19 pandemic and elevated catastrophe losses, as well as adverse prior year claims development. Having warned the market back in December, the company also confirmed that its net loss after tax ... Read the full article

QBE launches new Custom Property product

11th February 2021

The North American division of global insurer QBE has launched its new QBE Custom Property product. The product includes a First Party Cyber coverage, which provides coverage for business interruption, data recovery and incident response service expenses, per network security event. It also has other features such as crime coverage, which covers ... Read the full article