QBE
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Staff movement in the line of business has remained high amid firm market conditions coming into 2022.
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Under the partnership, Evo Surety will be able to issue guarantees up to £750,000 on behalf of QBE.
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Brid Reynolds will be responsible for the oversight and development of risk functions globally.
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Chris Wallace has worked at the Australian carrier since 2008 in several senior positions.
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Steve Manwaring has resigned as manager of the carrier’s European surety operations and has been replaced Tom Johnson, who has been promoted to UK surety manager.
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QBE Europe’s new chief customer officer Andy Besant will report to Cécile Fresneau, managing director for insurance.
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The reinsurer has also appointed Greg van der Made as treaty underwriter and David Cary as underwriting manager.
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Arsonists attacked a chemical warehouse owned by Indian manufacturer UPL last month, amid social unrest in the country.
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Jim Fiore’s responsibilities will be divided between two UK colleagues, sources indicated.
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QBE, Argenta and Blenheim syndicates also plan significant growth to capitalise on market conditions.
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The carrier booked above-budget cat losses of $462mn due to Uri and Australian flooding.
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The underwriter will report to head of product leaders for Europe, Stephanie Cryer.
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