QBE adds A$300mn cat top layer for Australia and New Zealand
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

QBE adds A$300mn cat top layer for Australia and New Zealand

Martha Muir
18 February 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
QBE logo sydney.jpg

QBE boosted its top-layer catastrophe reinsurance cover for 2022, including the purchase of a new A$300mn cat top layer for Australia and New Zealand, but had to increase its aggregate retention.

In its 2021 results announcement on 18 February, the firm set out changes to its global reinsurance programme.

The firm said its 2022 renewal was in line with expectations, while the cost of its core group program increased by $50mn.

Total...

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

ResultsNewsQBE
MM
Martha Muir
Reporter
Gift this article