What is QBE Specialty Insurance?
OverviewQBE Specialty Insurance is a subsidiary of QBE North America, a global insurance leader that is focused on solving customers' unique risks. QBE Specialty Insurance writes surplus lines business through licensed surplus lines brokers.
Products and ServicesQBE Specialty Insurance offers a wide range of commercial insurance products and services, including:- Accident & Health - Aviation - Financial Lines - Personal Insurance - Property & Casualty - Management & Professional Liability
RatingsQBE Specialty Insurance has an A (Excellent) rating from A.M. Best, a leading credit rating agency that specializes in the insurance industry.
ClaimsQBE Specialty Insurance provides claims support through a dedicated claims team, available 24/7 to assist with claims handling and resolution. Customers can report claims online or by phone.
In summary, QBE Specialty Insurance is a subsidiary of QBE North America that specializes in commercial insurance products and services. It has an A rating from A.M. Best and provides claims support through a dedicated team.
Frequently Asked Questions about qbe specialty insurance
We've been awarded Mozo's Experts Choice Award for Exceptional Value for our Home & Contents and Landlord Insurance. The award highlights products in the marketplace that industry experts believe offer great value to Australian consumers.
QBE is listed on the Australian Securities Exchange and is headquartered in Sydney. We employ more than 11,700 people in 27 countries. In the Philippines, QBE's Group Shared Services Centre (GSSC) was established in February 2013, with locations in Manila and Cebu.
QBE has a unique position in this market, as an Australian based insurer that provides and purchases reinsurance.
QBE Insurance Group Ltd (QBE) is a provider of general insurance and reinsurance. It offers a range of non-life insurance solutions for individuals and business customers.
In 1886, two entrepreneurs started a marine insurance company in Townsville, Australia to give early pioneers a safeguard against uncertainty. Since then, QBE has grown and evolved to become an international insurer and reinsurer with a local presence in 27 countries and headquartered in Sydney.
a+
Issuer Credit Ratings
QBE North America operates as a group of property and casualty insurers and re-insurers that currently receive issuer credit rating of a+ (stable) from A.M. Best.
QBE was listed on the Australian Securities Exchange in 1973 from the merger of three companies whose names represent the letters of the combined company, Queensland Insurance, Bankers' and Traders' Insurance Company, and Equitable Life and General Insurance Co., and its founding chairman was J. D. O. Burns.
Across its operations, QBE offers commercial, personal and specialty products and risk management products.
a+
QBE North America operates as a group of property and casualty insurers and re-insurers that currently receive issuer credit rating of a+ (stable) from A.M. Best.
insurance and reinsurance companies
QBE North America Operations is a division of QBE Insurance Group Limited, one of the world's largest insurance and reinsurance companies.
QBE Insurance Group Ltd. is a general insurance and reinsurance company. It underwrites general insurance and reinsurance risks and also provides investment management.
In 1886, two entrepreneurs started a marine insurance company in Townsville, Australia to give early pioneers a safeguard against uncertainty. Since then, QBE has grown and evolved to become an international insurer and reinsurer with a local presence in 27 countries and headquartered in Sydney.
A+
Credit Ratings
| Entity | S&P | A.M. Best |
|---|
| QBE Insurance Corp | A+ | Stable |
| QBE Reinsurance Corp | A+ | Stable |
| QBE Specialty Insurance Co | A+ | Stable |
| Regent Insurance Company | A+ | Stable |
Fitch Ratings - Sydney - 25 Nov 2022: Fitch Ratings has affirmed Australia-based QBE Insurance Group Limited's Long-Term Issuer Default Rating (IDR) at 'A-' and the Insurer Financial Strength (IFS) Ratings of its core subsidiaries at 'A+' (Strong). The Outlook on the ratings is Stable.
The organisational structure of QBE Insurance Group is composed of three geographic-based operating divisions, a captive reinsurer (Equator Re) headquartered in Bermuda, an offshore service centre in the Philippines, and various corporate functions located in the group head office in Sydney, Australia.
The insurance sector is made up of companies that offer risk management in the form of insurance contracts. The basic concept of insurance is that one party, the insurer, will guarantee payment for an uncertain future event.
