QBE
-
The Next Gen platform is expected to be completed in February.
-
QBE Re CUO Peter Wilkins will step into the role until a suitable replacement is found, the company said.
-
The Australian carrier is pursuing a strategic buildout of its operations on the continent.
-
The firm’s exposure to the Ukraine-Russia conflict, as well as a loss portfolio transfer, were confirmed in a performance update.
-
A restructure will see a global product leader appointed for all QBE Re’s business lines.
-
QBE is targeting strategic growth in its Continental operations with the appointment of Beatriz Valenti.
-
The Australian carrier will stop providing cover in the country from 1 July.
-
In her new role, she will report Chris Wallace, executive director of UK insurance.
-
Current casualty leader Tim Barber will take over the US treaty role on an interim basis.
-
All the new appointments are based in London and report to Carly Eveniss, portfolio manager, commercial financial lines.
-
The syndicate noted that it was exposed to political violence, political risk and marine classes within Ukraine.
-
The carrier is focused on maintaining balance across its portfolio and is growing more in specialty reinsurance than property cat.
Most Recent
-
AJ Gallagher acquires Ireland-based Innovu Insurance
24 June 2022 -
Miller appoints Bramwell for media insurance push
24 June 2022 -
Insurance M&A to rebound in H2 2022: PwC
24 June 2022