QBE
-
The international unit experienced an average renewal premium rate increase of 9.4% during the first half. -
The carrier said it anticipated central estimate developments of around $180mn, including $40mn of crop adverse development.
-
Peter Wilson brings more than 40 years’ experience in the insurance industry.
-
The Mexican state-owned oil company has been the source of several large energy claims.
-
The carrier has hired Melanie Mason from Liberty Mutual to replace Lisa Wolfe as property underwriting manager in Canada.
-
There is stiff competition in the renewables space as carriers look to establish positions in a growth market.
-
The executive will work as director of underwriting for the specialty casualty division.
-
The Singapore aviation hub is part of a strategic regional focus for the aviation team from Chubb Global Markets.
-
QBE Re said it was investing in the business with the creation of three new roles.
-
The Net-Zero Insurance Alliance has been urged to overhaul its objectives as the string of high-profile carrier departures continues.
-
The firm noted prior-year development on cat events that primarily occurred in late 2022.
-
AM Best also affirmed the financial strength rating of A (Excellent) and the long-term ICR of the group.
Most Recent
-
London treaty business outperforms broader market with 10% growth: IUA
09 September 2025 -
Fleming Insurance to raise casualty sidecar of $100mn-$125mn
08 September 2025 -
Allianz partners with Oaktree Capital on reinsurance syndicate
08 September 2025 -
Tax MGA Certa secures ~£50mn increase in Lloyd’s capacity
08 September 2025 -
US casualty reinsurers feeling a little more heat from competition
08 September 2025