QBE
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The sidecar has backing from Culpeper Capital Partners, Calidris Investment Partners and Compre. -
Nick Hankin replaces Chris Killourhy, who is becoming group CFO.
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Plus, the latest people moves and all the top news of the week.
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The carrier booked GWP growth of 6% for the first nine months of 2025.
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The MGA has expanded its suite of products since launching last year.
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The underwriter has worked at Hiscox, Lloyd’s, Chubb and Zurich.
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The platform aims to “bend the loss curve”.
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The carrier notified California regulators that it would stop renewing plans starting last month.
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Tim Barber joins from QBE Re, where he was head of North America.
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The broker announced the launch of its cross-class facility this week.
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She was most recently claims manager at QBE France.
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The carrier cited elevated cat and large-loss activity, including the LA wildfires.
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Bridges joins from QBE, where he spent over 17 years.
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Last year, the firm obtained a Class 4 license in Bermuda.
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Bridges had been at QBE for 17 years.
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The claim hits the downstream market following a loss-hit start to the year.
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There have been several personnel moves in the fast-growing tax insurance space recently.
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Andrew Kane has spent eight years at QBE.
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The carrier incurred claims from LA wildfires and flooding in Queensland.
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The facility provides follow capacity to US and international placements.
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The steep reduction in quantum stands to benefit specialty excess of loss reinsurers.
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Retention levels for reinsurance fell across the different geographies the carrier operates in.
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Fast Track is led by QBE and backed by Canopius, Arch and Beazley.
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Capacity will be available to 11 open-market lines of business.
