QBE Insurance Group Limited - Premium Company Report Australia

31-12-2012, 23 pages

QBE Insurance Group Limited is a Public Company that is ranked number 14 out of the top 2000 companies in Australia. The company generates the majority of its income from the General Insurance in Australia industry.

In 2012 the company generated total revenue of $20,169,580,000 including sales and other revenue. In 2012 QBE Insurance Group Limited had 16987 employees in Australia including employees from all subsidiaries under the company's control.

The Chief Executive of QBE Insurance Group Limited is Mr Steven Burns whose official title is CEO European Operations. The Chairman of QBE Insurance Group Limited is Ms Belinda Hutchinson whose official title is Non-Executive Chairman.

The QBE Insurance Group is an international general insurance and reinsurance company offering services through a network of agencies in 49 countries. The company insures businesses and individuals, and other insurers through its reinsurance business. QBE Insurance operates through the following divisions:

The Americas
The company's Americas operations are headquartered in New York with additional offices located in Central and South America, and Bermuda. The Americas division provides general insurance and reinsurance products through the brands General Casualty, Unigard, Farmers Union Insurance, QBE Agri, QBE Reinsurance and QBE Specialty.

Europe
The European operations consist of Lloyd's and QBE Insurance Europe. This division provides commercial and reinsurance services in the United Kingdom, Ireland as well as 16 countries in mainland Europe.

Asia
QBE Asia provides corporate, commercial and personal insurance through a broker network across Asia. The group has operations in Singapore, Malaysia, Indonesia, Hong Kong, Macau, Thailand, Vietnam, China, Philippines and India.

Australia
The Australian operations provide insurance cover for personal and commercial risks, through the following businesses: Intermediary Distribution (broker network), Corporate Partners & Direct, Credit & Surety (including trade credit and builders' warranty), Lenders Mortgage Insurance and Elders Insurance.

Equator Re
Equator Re is the captive reinsurer that provides reinsurance protection to the majority of the operating entities owned by the QBE Insurance Group.

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