Overview

QBE Insurance Group Limited is a Public Company that is ranked number 10 out of the top 2000 companies in Australia. The company generates the majority of its income from the General Insurance in Australia industry.

In 2017 the company generated total revenue of $23,771,778,000 including sales and other revenue. In 2017 QBE Insurance Group Limited had 14140 employees in Australia including employees from all subsidiaries under the company's control.

The Chief Executive of QBE Insurance Group Limited is Mr Patrick Regan whose official title is Group Chief Executive Officer. The Chairman of QBE Insurance Group Limited is Mr Marty Becker 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 36 countries. The company insures businesses and individuals, and other insurers through its reinsurance business. QBE Insurance operates through the following divisions:

 

  • Australia & New Zealand
    The Australian & New Zealand 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.
  • North America
    The company's North American operations are headquartered in New York. The division provides general insurance and reinsurance products through the following business units, Property & Casualty, Speciality, Crop and Assumed Reinusrance.
  • Latin America
    The company's Latin American division has operations in Argentina, Brazil, Colombia, Mexico, Ecuador, and Puerto Rico with insurance operations carried out from offices in each of these locations. In February 2018 QBE announced the sale of its Latin America operations with the exception of QBE Puerto Rico which will become part of the North America division. The divestment is expected to be completed by the end of 2018.
  • Europe
    The European operations consist of QBE Re and Lloyd's syndicates. This division provides commercial and reinsurance services in the United Kingdom, Ireland, continental Europe and Canada.
  • Asia Pacific
    QBE Asia Pacific provides commercial, specialist and personal insurance through a broker network across Asia. The group has operations in Singapore, Malaysia, Indonesia, Hong Kong, Macau, Vietnam, China, Philippines and India.
  • Equator Re
    This division works with all the other divsisions to manage the group's individual and collective reinsurance and exposure risk appetites.

Learn more about our Company Reports

IBISWorld Premium Company Reports

The IBISWorld Company Premium Report offers a wealth of information on the top 550 companies. The detailed information and analysis in the Premium Report help you become better informed on all company activities. IBISWorld Company Premium Reports include:

  • Cross Directorships
  • Company activities synopsis
  • Industry Ratios
  • More segment information
  • Competitive Environment analysis
  • Subsidiaries by region

Table of Contents

Company Details
Key Personnel
Financials
Segments
Growth & Ratios
Industry Averages
Competitive Environment
Shareholders
Subsidiaries
Service Providers

Looking for our Industry reports?

Assess your competitors with powerful business tools that provide strategic insights and analysis on over 600 Australian industries.

Contact Us

Want to speak to a representative? Call us.

clear