All the headlines from our QBE Topic Page, ordered by recency.
Aug 20 2013 // QBE Insurance Group Ltd., Australia’s largest insurer by market value, posted a 37 percent fall in first-half net income as premiums fell in North America and it set aside more for unresolved claims.Net income...
Aug 2 2013 // Australian insurance group QBE said on Thursday it had set aside €2.75 million [$3.64 million) for the immediate needs of those affected by last week’s train crash in Galicia in northwest Spain, which left 79...
Jul 29 2013 // Germany’s Allianz and Australian group QBE bear the bulk of the insurance liability from this week’s fatal train crash in northwest Spain, according to sources at the companies.While Allianz’s Spanish...
Jun 18 2013 // San Diego, CA, 06/18/13 – American Claims Management Inc. (ACM), a national third party administrator (TPA), is pleased to announce that it has been appointed as the TPA for a new residential earthquake claim program for...
May 6 2013 // New York officials announced on April 18 that a New York State Department of Financial Services (DFS) investigation produced a settlement with a major “force-placed” insurer QBE.The settlement with QBE, the...
Apr 18 2013 // New York officials announced this morning that a New York State Department of Financial Services (DFS) investigation produced an additional settlement with a major “force-placed” or “lender-placed”...
Mar 20 2013 // An insurance company is closing a call center in Lincoln, Neb., and laying off more than 100 people.The Lincoln Journal Star reports QBE North America will close the call center on May 10 and eliminate 113 jobs. The...
Feb 26 2013 // QBE Insurance, Australia’s biggest insurer, posted a lower-than-expected 8 percent rise in full-year net profit due to high claims for accidents and adverse U.S. weather, prompting it to slash its dividend and...
Jan 25 2013 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit ratings of “a” of California-based Balboa Insurance Company and its wholly owned subsidiaries,...
Jan 11 2013 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of Panama City-based ASSA Compania de Seguros, S.A. (ASSA), as well as the FSR...
Dec 18 2012 // A forced placement mortgage property insurer providing coverage in Florida has offered to lower its rates by an average of 18.8 percent, despite the fact that state regulators said the rate decrease should be double that...
Nov 16 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of the pooled and reinsured members of QBE North America Insurance Group...
Nov 16 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a+” of UK-based QBE Insurance (Europe)...
Oct 9 2012 // QBE’s former CEO Frank O’Halloran’s retirement didn’t last long. Following discussions with the company he headed until last August, it’s been agreed that any anti-competition clause following...
Oct 2 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a+” of the pooled and reinsured members of QBE North America Insurance Group...
Oct 1 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a+” of UK-based QBE Insurance (Europe)...
Sep 24 2012 // A federal appellate court has reversed a $7.2 million judgment and ordered a new trial in a Florida hurricane insurance case.The 11th Circuit Court of Appeal issued the ruling in Atlanta based on a May opinion by the...
Sep 13 2012 // A.M. Best Europe – Rating Services Limited has commented that it expects to assign a financial strength rating (FSR) and an issuer credit rating (ICR) to UK-based QBE Re (Europe) Limited) on or shortly after 30 September...
Aug 17 2012 // On the same day that it released its first half year earnings report for 2012, Australia’s QBE Group announced the departure of long-time Group CEO Frank O’Halloran, who has stepped down from the position as of...
Aug 17 2012 // Selected earnings highlights in US dollars from Australia’s QBE Group for the first six months of 2012 are as follows: 1st Half 2012 1st Half 2011 Gross premiums written ———— $9.233 bn $8.942...