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 expands W&I presence in Nordics, appoints Samuel Pihl
11th March 2025
Commercial insurer QBE is expanding its Warranty & Indemnity (W&I) presence in the Nordics to meet the growing demand for transactional risk insurance solutions. Sweden’s M&A market, after a period of uncertainty, is showing signs of recovery. According to EY, 387 deals were completed in Q4’24, a 9% increase from the ... Read the full article
Maths Stanser to lead QBE’s distribution for European markets team
4th March 2025
Commercial insurer QBE has announced the appointment of insurance veteran Maths Stanser as head of distribution for European markets, replacing Fabian Desch who became QBE Germany’s GM last year. Maths will be based in Stockholm, and will lead broker engagement, help design the distribution proposition and develop the broker network across ... Read the full article
QBE appoints Ronak Shah as CEO of Wholesale Markets Asia
28th February 2025
Australian insurer QBE has appointed Ronak Shah in the newly created role as Chief Executive Officer (CEO) of Wholesale Markets Asia, based in Singapore, effective March 1st, 2025. The insurer stated that this newly added position underscores its commitment to strengthening its facultative reinsurance business across Asia. In the new role, Shah ... Read the full article
QBE NA partners with InnSure to support pilot program to address flood risk
24th February 2025
The QBE North America Foundation has partnered with nonprofit InnSure and the City of Salem, Massachusetts, to implement a pilot program aimed at increasing resilience to climate-driven flood risks. The program will explore ways to reduce flood vulnerabilities for both individual homeowners and renters, as well as the broader community, particularly ... Read the full article
QBE able to ‘meaningfully reduce’ cat reinsurance retentions at Jan 1 renewal
21st February 2025
Australian insurance carrier QBE secured "meaningfully" lower retentions for its catastrophe reinsurance programmes at the January 2025 renewal, driven by recent exposure reductions and improved portfolio quality. Alongside its full year 2024 results, the global insurer and reinsurer has provided an update on the outcome of its recent reinsurance renewal. The firm's ... Read the full article
QBE’s profits surge in 2024 as underwriting performance tracks ahead of plan
21st February 2025
Australian insurer QBE has revealed a 2024 net profit after tax of $1.779 billion, up from $1.355 billion in 2023, while its combined operating ratio improved to 93.1% from 95.2%, driven by favourable catastrophe experience and more stable central estimate reserves. According to QBE, underwriting profitability tracked ahead of the firm's ... Read the full article
QBE appoints Beazley’s Fantozzi as Group Exec Technology & Operations
17th February 2025
QBE Insurance has announced the appointment of Ian Fantozzi as Group Executive, Technology and Operations, subject to regulatory approvals. Fantozzi is joining QBE after 22 years with specialist insurer Beazley, where he most recently served as CEO Beazley Digital, a role he held for almost four years. He started at Beazley as ... Read the full article
Ki welcomes QBE as capacity partner on its platform
30th January 2025
Ki, the algorithmically-powered Lloyd’s digital follow platform, has entered into a strategic partnership with QBE to add the global insurance and reinsurance company's capacity to its platform starting February 3rd, 2025. In addition to this, Ki has confirmed that it will offer enhanced partner capacity for risks incepting from March 1st, ... Read the full article
QBE appoints Andrea Marega as European Product Manager for Professional Indemnity
23rd January 2025
QBE, a global insurance and reinsurance company, has appointed Andrea Marega as European Product Manager for Professional Indemnity, a newly created role aimed at supporting updates to its underwriting operations. Marega joins QBE from Allianz Commercial, where he served as Senior Global Financial Lines Underwriter in Munich, Germany. Effective January 20, ... Read the full article
QBE and Pen Underwriting extend partnership with $400m+ capacity deal
22nd January 2025
Pen Underwriting, a subsidiary of Arthur J. Gallagher & Co., has extended its long-term strategic partnership with QBE in the UK and Ireland in a new £420m capacity deal. This collaboration involves the multi-year renewal of two major capacity deals in highly specialist areas. Building on a 25-year relationship, in terms of ... Read the full article
QBE names Ashley Irwin SVP, Underwriting Leader, E&S Property in NA
17th January 2025
Australian insurer QBE has appointed Ashley Irwin as a Senior Vice President (SVP) and Underwriting Leader for excess and surplus (E&S) Property in North America. This appointment follows the recent hire of Claire Lill as Portfolio Manager to lead and strengthen the firm’s US Casualty offering. Irwin brings a wealth of ... Read the full article
QBE closes new $250m catastrophe bond
9th January 2025
QBE, a global insurance and reinsurance group headquartered in Australia, has successfully closed a new catastrophe bond through its special purpose insurer, Bridge Street Re Ltd. As Reinsurance News understands, QBE's two new Bermuda Class 4 entities, QBE Capital Ltd. and QBE Capital (Global) Ltd., served as cedents for the new ... Read the full article
QBE secures class 4 license in Bermuda
12th December 2024
Global insurer QBE now has a class 4 license in Bermuda, providing the reinsurance arm, QBE Re, with further optionality in the balance sheets it offers its cedants. In a recent LinkedIn post, QBE Re said, “This is a great complement to the underwriting capability we have been building in Bermuda ... Read the full article
QBE hires Claire Lill as US Casualty Portfolio Manager
4th December 2024
Australian insurer QBE has announced the appointment of Claire Lill as Portfolio Manager to lead and strengthen the firm’s US Casualty offering. Lill brings to her new role over three decades of London Market Casualty experience and is joining QBE’s International Markets division from Apollo Syndicate 1969, where she held the ... Read the full article
QBE names Jamie Kelly Group Chief Compliance Officer
28th November 2024
Australian insurer QBE has appointed Jamie Kelly as its Group Chief Compliance Officer, following Ed Rainsford’s recent transition to the role of Chief Risk Officer, AUSPAC. In the new role, Kelly reports to Fiona Larnach, the Group's Chief Risk Officer. Kelly brings enterprise knowledge gained through most recently serving as the ... Read the full article
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