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QBE the Americas is
a member of the QBE Insurance Group, one of Australia’s largest
insurance/reinsurance organizations. Founded in 1886, the Group has over
7,800 employees worldwide with operations in over 41 countries. The
Group’s assets are in excess of AUD$29.7 billion and gross written
premiums exceed AUD$9.4 billion for the year ended 12/31/05. The QBE name
is derived from the first letter of each of the principal purchased or
merged companies
Queensland Insurance Corporation
Bankers and Traders Insurance Corporation
Equitable Probate and General Insurance Corporation
QBE the Americas has five companies writing business in the United
States:
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QBE Reinsurance
Corporation
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QBE Insurance
Corporation
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QBE Specialty
Insurance Company
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National Farmers
Union Property and Casualty Company
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United Security
Insurance Company
These entities make
QBE the Americas a financially strong and dynamic partner within the
insurance market. QBE has been writing Employer Stop Loss business in the
Americas since 1986 and has grown in that market significantly over the
last four years. We maintain a very strong reputation in the Employer
Stop Loss arena as one of the leaders in that market writing both
Insurance and Reinsurance.
QBE the Americas
Financial Highlights:
(As of and
for the year ended December 31, 2005)
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Total Assets:
$6.2 billion
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Capital & Surplus:
$2.1 billion
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Gross Written Premiums:
$3.8 billion
* For the latest
ratings, access
www.ambest.com and
www.standardandpoors.com
QBE News
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QBE increases capital & A.M.BEST
affirms our rating
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November 25, 2003
QBE the Americas announced today that its parent, QBE Insurance
Group Limited would contribute $75 million of capital to its
subsidiaries in the U.S. This capital contribution once again
demonstrates QBE’s commitment to the U.S. market.
On November 24, 2003, A.M. Best affirmed our “A” (Excellent)
rating and assigned it a stable outlook. The rating reflects the
group’s strong risk-adjusted capital position, enhanced
underwriting controls and improved operating performance over the
past two years. Furthermore, the rating reflects the group’s
diversified risk portfolio and ability to generate business
opportunities through its niche market strategy.
QBE the Americas’ policyholders surplus at December 31, 2003 is
projected to be approximately $350 million.
For further information, please contact:
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Tim Kenny, President & CEO, (212) 894-7543 |
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Christopher Fish, Chief Financial Officer, (212)
894-7530
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QBE increases
capital in the
Americas
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December 22, 2004
QBE the Americas announced today that its parent, QBE Insurance Group
Limited, will contribute an additional $50 million of capital to its
subsidiaries in the U.S. to support premium growth. This contribution
increases the policyholders’ surplus of QBE the Americas to over $425
million.
Tim Kenny, President & CEO of QBE the Americas, stated, “the additional
capital is a further demonstration of QBE’s commitment to its insurance
and reinsurance business in the United States and Latin America.” He
further commented, “the contribution enhances our ability to generate
profitable business opportunities and provides additional capacity to our
clients.”
QBE Reinsurance Corporation and its wholly owned subsidiaries, QBE
Insurance Corporation and QBE Specialty Insurance Company, are rated “A”
(Excellent) by A.M. Best and carry a Standard & Poor’s rating of A+.
For further information, please contact:
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Tim
Kenny, President & CEO, (212) 894-7543 |
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Christopher Fish, Chief Financial Officer, (212)
894-7530 |
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QBE Insurance Corporation Excess Loss Insurance
Policy
and State specific endorsements
[top]
Download
sample
Excess Loss Insurance Policy (pdf)
Download sample
Aggregate Accommodation Endorsement (pdf)
Download sample
Terminal Liability Endorsement (pdf)
Sample State Endorsements: (pdf)
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