QBE News

QBE, SUA Agency to Offer Professional Liability Coverage to Mortgage Specialists

QBE North America has formed a program underwriting agreement with Stateside Underwriting Agency (SUA) to offer its clients who are title agents, abstractors and escrow agents professional liability insurance for primary and excess coverage. Mortgage company professional liability and mortgage …

QBE to Supply General Insurance Products for Manulife Customers in Hong Kong

Manulife (International) Ltd. and QBE Hongkong & Shanghai Insurance Ltd. have formed an exclusive distribution agreement whereby QBE will supply general insurance products in Hong Kong for distribution through Manulife’s agents. Designed to complement Manulife’s life, pensions and wealth management …

QBE Weighs Brexit-Effect; Marsh Considers Some Brexit Scenarios

QBE Insurance Group announced this week that it will be reviewing its UK-based operations in light of last week’s vote in the UK to leave the European Union. “The referendum outcome may require a revised approach in relation to approximately …

People Are Key to a CFO’s Success: QBE’s Group CFO Regan

When discussing his career as a chief financial officer, Patrick Regan, group chief financial officer for QBE, emphasizes the importance of people and the team the CFO builds. “You’re only as successful as the team of people you build around …

Global, Diversified Multiline Insurers Best Placed to Withstand Challenges: S&P

Global, diversified insurers are best positioned to withstand the industry’s top economic and competitive challenges, according to a report published by Standard & Poor’s Global Ratings. Geographic and product diversification help global multiline insurers (GMIs) cope with challenges such as …

Legacy Specialist Compre Arranges Deals with QBE and German Mutual

Compre, the London-based insurance and reinsurance legacy specialist, announced the signing of an agreement to acquire QBE’s share of the Ridgwell Fox & Partners’ (RFP) pool legacy reinsurance business. The transaction is structured as a loss portfolio transfer, to be …

QBE Launches Inland Marine Practice, Taps Pye to Lead

QBE Specialty has launched a suite of products for its newly created Inland Marine practice. This expansion includes a range of offerings for the following industry groups: Construction: Buildings and structures under construction, installation projects, and contractor’s equipment Energy: Well …

QBE Insurance Opens Kuala Lumpur Office to Boost Malaysia Business Prospects

QBE Insurance Malaysia has opened a new office in the heart of Kuala Lumper city, expanding the company’s branch network in the country to a total of 15 locations, across eight states. QBE Insurance Malaysia, which is part of the …

Group of UK Insurers Win BOE Approval for Solvency II Capital Requirements

Prudential Plc, Aviva Plc and Legal & General Group Plc are among large U.K. insurers to win Bank of England approval of the models they use to calculate capital requirements under the European Union law known as Solvency II. The …

QBE, Jorgensen & Co. to Offer Accountants Professional Liability Coverage

QBE North America and Jorgensen & Co., a specialist professional liability managing general underwriter, have formed an underwriting agreement to provide accountants and consultants professional liability insurance (APL). According to Don Allard, senior vice president, Specialty Programs at QBE, this …