War Insurers Shrug Off Rubymar Sinking in Red Sea, Rates Stable March 4, 2024 By Jonathan Saul The cost of war risk insurance through the Red Sea remained stable on Monday despite the sinking of the Rubymar...
Severe Storms Lash Australia’s East Coast, Killing 9 People December 27, 2023 By Amy Bainbridge Nine people have died in Australia after severe storms lashed the nation’s east coast on Christmas Day and Boxing Day,...
QBE Insurance Announces $1.9 Billion Loss Portfolio Transfer With Enstar February 17, 2023 By L.S. Howard QBE Insurance Group announced a reinsurance transaction with legacy acquisition specialist Enstar, designed to de-risk the group’s exposure to portfolio...
Insurers Hit With Thousands of Claims Following Storms and Floods in New Zealand January 30, 2023 By Harish Sridharan Major insurers operating in New Zealand including Insurance Australia Group and Suncorp Group have cumulatively received over 9,000 claims so...
3 Australian Banks Settle Class Action Lawsuits Over Sale of Credit Insurance Products November 14, 2022 Three of Australia’s “big four” banks settled separate class action lawsuits for A$126 million ($84.51 million) with Slater & Gordon,...
QBE Opens Dutch Branch as Part of Europe Expansion Plans; 5 Senior Hires Announced October 12, 2022 QBE said it will begin writing business in the Netherlands, incepting from January 2023, now that it has received regulatory...
QBE Sells Irish Casualty Renewal Rights to Ascot, as Part of Phased Withdrawal September 28, 2022 QBE announced the sale of select Irish casualty commercial insurance portfolios to the Ascot Group via a renewal rights transaction....
Killourhy to Take Helm at QBE Re, Succeeding Postlewhite; Liberty Mutual GRS Taps CRO From Aspen, CUO From Liberty Specialty August 18, 2022 This edition of International People Moves details appointments at QBE Re and Liberty Mutual’s Global Risk Solutions. A summary of...
Hong Kong’s Hang Seng Bank Seeks New Bancassurance Partner After QBE Deal Expires August 15, 2022 By Manuel Baigorri Hang Seng Bank Ltd., a Hong Kong-based lender majority owned by HSBC Holdings Plc, is seeking an insurance partner after...
QBE to Open Branch in Netherlands June 9, 2022 QBE has announced plans to set up a branch in the Netherlands as part of its European expansion plans. Recruitment...