Latest QBE Headlines
All the headlines from our QBE Topic Page, ordered by recency.
QBE Expects H1 2020 Loss of US$750M on COVID-19, Natural Catastrophe Claims
Jul 22 2020 // QBE Insurance Group expects to report a first-half, after-tax loss of around $750 million, mainly due to COVID-19 claims and natural catastrophes, which included Australia’s bushfires and hailstorms at the beginning...
QBE NA Names Lessman Head of Professional Lines and Industry Verticals
Jul 8 2020 // QBE North America has Toria Lessman as senior vice president, head of Professional Lines and Industry Verticals. She is based in Chicago. Lessman had most recently been serving as head of Transactional Liability, one of...
QBE Sells Stake in India Insurance Joint Venture to Fintech Platform Paytm
Jul 8 2020 // India’s financial technology platform Paytm is set to acquire Mumbai-based private sector general insurer Raheja QBE General Insurance Co. Ltd. The acquisition is subject to customary conditions, including approval...
Legacy Specialist Compre Signs 2nd Transaction with QBE
Jul 2 2020 // Compre, the London-based independent re/insurance legacy specialist, announced it has signed its second legacy transaction with QBE for an undisclosed sum. The transaction follows Compre’s acquisition of QBE’s...
People & Places
Jun 15 2020 // National Everest Insurance announced changes to the Commercial Casualty leadership team. Four underwriters across the country have been appointed leaders for the Northeast, South, Midwest and Southwest regions. Frank Engle...
Woosley Named Sr. VP, Broker Management & Sales Operations at QBE NA
Jun 3 2020 // QBE North America has appointed Thaddeus Woosley as senior vice president, Broker Management & Sales Operations. He is based in Chicago. Woosley most recently served as vice president, strategic advisor, Specialty...
QBE North America Promotes Gransbury to Head New Specialty Unit; Krauss to A&H
Jun 2 2020 // QBE North America has promoted Steve Gransbury to head of Specialty Insurance, a new group of existing QBE businesses, and promoted Tara Krauss to head of Accident & Health. The Specialty Insurance unit Gransbury now...
Chubb’s McNab Joins QBE North America as Chief Human Resources Officer
May 20 2020 // Specialty Insurer QBE North America announced the appointment of Becket McNab as chief human resources officer. McNab will be responsible for all North America human resources activities, including driving the...
QBE Insurance Plans US$825M Capital Raise on COVID-19 Economic Uncertainties
Apr 15 2020 // QBE Insurance is planning to raise about US$825 million in capital as a result of the economic and investment market uncertainty created by the coronavirus crisis. The company will raise approximately $750 million of...
QBE Taps AXA XL’s Harris as CEO, International, Succeeding Pryce
Apr 7 2020 // QBE Insurance Group has appointed Jason Harris as chief executive officer, International, succeeding Richard Pryce who is retiring at the end of this year. The role reports to Pat Regan, group chief executive officer and...
QBE Withdraws 2020 Financial Targets on COVID-19 Related Economic Uncertainty
Mar 31 2020 // QBE released its 2019 full year results on Feb. 17, 2020, which included an outlook statement that included combined operating ratio and net investment return targets for the 12 months ended Dec. 31, 2020. However, QBE has...
QBE North America Appoints Moore Chief Operating Officer
Mar 12 2020 // QBE North America announced the appointment of Dan Moore as chief operating officer, effective immediately. In this role, he will lead Claims, Technology and Operations and oversee communications and branding. He had been...
QBE Promotes Postlewhite to Managing Director of QBE Re
Feb 27 2020 // QBE has appointed Stephen Postlewhite as managing director, QBE Re. He will start the new role from April 1, taking over from Jonathan Parry, who will retire in 2021. With more than 20 years’ experience in the...
QBE Insurance Names Wilkins as Chairman, Succeeding Becker Who Is Retiring
Feb 18 2020 // QBE Insurance Group announced that Michael (Mike) Wilkins has been elected to succeed W. Marston (Marty) Becker as chairman of the group board. Wilkins will step into the role of group chairman on March 1, 2020, and Becker...
AmWINS Names QBE’s Crane to Succeed Murphy As Head of THB, International Division
Feb 3 2020 // Specialty insurance wholesaler AmWINS Group said that Matthew Crane will succeed Frank Murphy as chief executive officer of THB Group and president of the International division of AmWINS, effective once Crane’s...
Australia’s Bushfires Could Surpass 2009’s Costly Season; Analysts, Insurers Comment
Jan 10 2020 // Australia’s bushfire season has months to run and could easily surpass the most costly fire season, 2009’s Black Saturday fires in Victoria, which had a price tag of an estimated A$4.4 billion (US$3 billion),...
Veteran Aon Executive Fitzgerald Joins QBE North America Specialty & Commercial
Jan 9 2020 // A long-time Aon executive is signing on with QBE North America as its new president of Specialty & Commercial. Tom Fitzgerald is taking on the new position in February 2020 after being with Aon Risk Solutions for more...
Argo Group Hires QBE’s Grange to Join U.S. Leadership Under New Structure
Dec 3 2019 // Specialty insurer Argo Group International Holdings has named Jeff Grange to serve as an executive vice president for U.S. operations. In this role, Grange will lead the following businesses: Argo Casualty, Argo Pro, Argo...
People & Places
Nov 18 2019 // National W. R. Berkley Corp. has appointed Marlo M. Edwards as president of Verus Underwriting Managers. Edwards succeeds Dale H. Pilkington, who is retiring. Edwards joins Verus with 20 years of experience in the property...
Are Employees Pushing Insurers to Shun Coal in Climate Change Movement?
Nov 7 2019 // Seventeen insurers have restricted insurance services to coal projects in the past two years. A dozen insurers have adopted policies to stop all direct insurance coverage to new coal projects – among them are Allianz,...
