Reinsurance News
QBE
QBE is an international insurance and reinsurance company with a local presence in 26 countries, headquartered in Sydney, Australia. The reinsurance arm is named QBE Re.
Read our QBE insurance or reinsurance news and analysis below.
QBE Asia names Chubb’s Carles Tondo as Head of Property, Asia
24th February 2026
QBE Asia has announced the appointment of Carles Tondo as Head of Property for Asia, effective immediately. Tondo will assume responsibility for the property portfolio from Brendan Dunlea, Regional Head of Construction and Engineering at QBE Asia, who will continue to lead the construction, engineering, renewables and power generation businesses, as ... Read the full article
QBE FY25 net profit reaches $2.157bn with improved 91.9% CoR
20th February 2026
International insurer and reinsurer QBE has announced its financial results for the full year 2025, reporting a net profit after tax of $2,157 million and an improved combined operating ratio of 91.9%. FY 2025 net profit after tax increased from $1,779 million reported in FY24. On an adjusted basis, net profit after tax ... Read the full article
QBE sees ‘strong & sustainable’ outcome at Jan 1 as retentions fall again
20th February 2026
Alongside its full-year 2025 results, QBE has also provided an update on its January 1, 2026, reinsurance renewal, where it secured a further reduction in retentions on its main catastrophe reinsurance tower amid favourable market conditions. QBE CFO Chris Killourhy said his firm delivered another strong and sustainable reinsurance outcome at ... Read the full article
Swiss Re Corporate Solutions to acquire QBE’s Global Trade Credit and Surety unit
20th February 2026
Swiss Re Corporate Solutions, the commercial insurance arm of reinsurance giant Swiss Re, is set to acquire Australian insurer QBE’s Global Trade Credit and Surety business, subject to regulatory approvals, which are expected to take some months. The business unit being acquired by Swiss Re operates across Australia, New Zealand, and ... Read the full article
QBE names Santa-Cruz as Europe Technical & Business Performance Manager
18th February 2026
Global insurer QBE has appointed Jesús Prieto Santa-Cruz as the Europe Technical & Business Performance Manager. In his new role, Santa-Cruz will focus on strengthening the insurer’s portfolio management capability across Europe and work closely with portfolio managers and underwriters. Additionally, he will support deeper portfolio segmentation and analysis to optimise underwriting ... Read the full article
QBE Re names Sven Liu as Head of Greater China
19th January 2026
QBE Re, the reinsurance arm of global insurer QBE, has appointed Sven Liu as Head of Greater China, who brings more than 16 years of international reinsurance experience across Asia and Europe. Liu is a seasoned multi-line underwriter and has held senior roles focused on underwriting, client engagement, and business development ... Read the full article
QBE bolsters European Claims team with new leadership
15th January 2026
International business insurer QBE has announced the appointment of Chris Reidy as Head of Core Claims and James Villiers as Head of Complex Claims for European Operations. Reidy, who is succeeding Scott Jacobs, has been with QBE for close to two decades, most recently serving as Complex Property, Casualty, Motor and ... Read the full article
QBE strengthens European Media PI team
14th January 2026
QBE, an international insurance provider, has welcomed Lucy Smith and Hannah Dennis ahead of the rollout of its new Media Professional Indemnity (PI) product for its European Operations division. Smith joins as Senior Media PI Underwriter, and Dennis takes on the role of Media PI Underwriter. Both will be based in ... Read the full article
QBE appoints Henrik Hansen as senior Life Science underwriter for Nordics
13th January 2026
International business insurer QBE has appointed Henrik Hansen to the newly created role of senior Life Science underwriter in the Nordics. Based in Copenhagen, Denmark, Hansen is in charge of developing QBE’s Pharma-Life Science (PLS) portfolio across the region. The appointment aligns with the insurer's long-term growth plans for the Life ... Read the full article
QBE Re announces debut $550m casualty sidecar
7th January 2026
QBE Re, the reinsurance division of global insurance group QBE, has completed its debut casualty sidecar, George Street Re, marking its entry into the sidecar market through a fully collateralized quota share reinsurance transaction exceeding $550 million. The George Street Re sidecar, backed by institutional investors Culpeper Capital Partners, Calidris Investment ... Read the full article
QBE secures $400m of international peak peril reinsurance with latest cat bond
30th December 2025
QBE, the Australia-headquartered global insurance and reinsurance company, has now successfully closed its latest catastrophe bond to secure the $400 million of international peak peril reinsurance from the Bridge Street Re Ltd. (Series 2025-2) issuance. This is the second issuance of Notes for Bridge Street Re, and will provide QBE and ... Read the full article
Kelly Lim and Alex Lim join QBE Singapore’s Marine business
23rd December 2025
QBE, an international insurer and reinsurer, has announced two leadership appointments within its Singapore Marine business. Kelly Lim has been appointed Country Lead for Cargo & TOL, while Alex Lim has been named Country Lead for Hull & Liability within QBE Singapore’s Marine business. Both Kelly and Alex will report to the ... Read the full article
Nick Hankin appointed QBE Re Managing Director
15th December 2025
Nick Hankin has been appointed as Managing Director of QBE Re, the reinsurance arm of QBE Insurance Group, effective from 1st January 2026. Hankin, who currently serves as Chief Underwriting Officer (CUO) of QBE International, succeeds Chris Killourhy, following his transition to Group Chief Financial Officer earlier this year. According to ... Read the full article
QBE names Sebastian Tjornelund as Asia Head of Marine Underwriting
3rd December 2025
QBE, an international insurer and reinsurer, has announced the appointment of Sebastian Tjornelund as Asia Head, Underwriting, Marine, effective 1st December 2025. In his new role, Tjornelund will shape and implement QBE Asia’s strategy for its marine underwriting portfolios and facultative reinsurance business in the region. He will be responsible for ... Read the full article
QBE’s GWP reach $18.6bn in 9M’25 as firm reiterates full-year outlook
27th November 2025
QBE has reported that gross written premium grew 6% in the nine months to 30 September 2025, reaching $18.6 billion. According to the insurer, gross written premium growth included a drag of around ~$250 million from the run-off of non-core lines in North America. Excluding this, ex‑rate growth was 7%, or 6% on further excluding ... Read the full article
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