We are a member of QBE Insurance Group Limited, one of the top 25 insurers and reinsurers worldwide with operations in all key global insurance markets. QBE is an Australian listed company with a Group Head office based in Sydney, and has operations in 49 countries with more than 14,000 staff worldwide.Our underlying business strategy is to maintain operations in the key global insurance markets and, where possible, to be a lead underwriter for selected lines of business, setting rates and conditions in the markets in which we operate. QBE Group's strategy of diversification by product and geographical exposure is fundamental to managing our insurance and reinsurance risks and has been a vital ingredient in the Group’s success. We have developed and embedded a unique QBE culture throughout the organisation based on key essential behaviours and applying effective risk management practices and controls. We aim to grow the business through our existing extensive networks and acquisitions of insurance businesses, portfolios and teams of underwriters that meet our stringent criteria for minimum return on equity and EPS accretion in the first year of acquisition. QBE Group has successfully delivered more than 125 acquisitions since our first acquisition in 1982 and has grown substantially, particularly over the last 10 years. QBE's gross written premium was USD $13.6 billion in 2010.HistoryThe QBE Insurance Group is Australia's largest general insurance and reinsurance group. The growth of QBE Group, nationally and internationally, since its small beginnings in 1886, is the story of an institution that for 125 years has played a significant part in Australian commercial history.In October 1886, James Burns and Robert Philp, two young Scotsmen, formed The North Queensland Insurance Company Limited. By 1890, the company had established over 36 agencies in countries such as London, Hong Kong, Singapore, New Zealand and many Pacific Islands.The QBE name is derived from three originating companies:the "Q" in QBE comes from Queensland Insurance, Bankers' and Traders' and Equitable merger in 1973 with the new holding company, QBE Insurance Group Limited being listed on the Australian Securities Exchange,the "B" in QBE comes from Bankers' and Traders' Insurance Company Limited formed in 1921,the "E" in QBE comes from The Equitable Probate and General Insurance Co. Limited acquired in 1959.Since those early beginnings and through stable growth, merger and strategic acquisition, QBE has grown to become one of the top 25 insurers and reinsurers worldwide. QBE now operates in all key insurance markets with offices in 49 countries and over 14,000 employees worldwide. We look forward to the future with the same excitement, determination and enthusiasm that our founders did in 1886.
We are a member of QBE Insurance Group Limited, one of the top 25 insurers and reinsurers worldwide with operations in all key global insurance markets. QBE is an Australian listed company with a Group Head office based in Sydney, and has operations in 49 countries with more than 14,000 staff worldwide.Our underlying business strategy is to maintain operations in the key global insurance markets and, where possible, to be a lead underwriter for selected lines of business, setting rates and conditions in the markets in which we operate. QBE Group's strategy of diversification by product and geographical exposure is fundamental to managing our insurance and reinsurance risks and has been a vital ingredient in the Group’s success. We have developed and embedded a unique QBE culture throughout the organisation based on key essential behaviours and applying effective risk management practices and controls. We aim to grow the business through our existing extensive networks and acquisitions of insurance businesses, portfolios and teams of underwriters that meet our stringent criteria for minimum return on equity and EPS accretion in the first year of acquisition. QBE Group has successfully delivered more than 125 acquisitions since our first acquisition in 1982 and has grown substantially, particularly over the last 10 years. QBE's gross written premium was USD $13.6 billion in 2010.HistoryThe QBE Insurance Group is Australia's largest general insurance and reinsurance group. The growth of QBE Group, nationally and internationally, since its small beginnings in 1886, is the story of an institution that for 125 years has played a significant part in Australian commercial history.In October 1886, James Burns and Robert Philp, two young Scotsmen, formed The North Queensland Insurance Company Limited. By 1890, the company had established over 36 agencies in countries such as London, Hong Kong, Singapore, New Zealand and many Pacific Islands.The QBE name is derived from three originating companies:the "Q" in QBE comes from Queensland Insurance, Bankers' and Traders' and Equitable merger in 1973 with the new holding company, QBE Insurance Group Limited being listed on the Australian Securities Exchange,the "B" in QBE comes from Bankers' and Traders' Insurance Company Limited formed in 1921,the "E" in QBE comes from The Equitable Probate and General Insurance Co. Limited acquired in 1959.Since those early beginnings and through stable growth, merger and strategic acquisition, QBE has grown to become one of the top 25 insurers and reinsurers worldwide. QBE now operates in all key insurance markets with offices in 49 countries and over 14,000 employees worldwide. We look forward to the future with the same excitement, determination and enthusiasm that our founders did in 1886.
We are a member of QBE Insurance Group Limited, one of the top 25 insurers and reinsurers worldwide with operations in all key global insurance markets. QBE is an Australian listed company with a Group Head office based in Sydney, and has operations in 49 countries with more than 14,000 staff worldwide.Our underlying business strategy is to maintain operations in the key global insurance markets and, where possible, to be a lead underwriter for selected lines of business, setting rates and conditions in the markets in which we operate. QBE Group's strategy of diversification by product and geographical exposure is fundamental to managing our insurance and reinsurance risks and has been a vital ingredient in the Group’s success. We have developed and embedded a unique QBE culture throughout the organisation based on key essential behaviours and applying effective risk management practices and controls. We aim to grow the business through our existing extensive networks and acquisitions of insurance businesses, portfolios and teams of underwriters that meet our stringent criteria for minimum return on equity and EPS accretion in the first year of acquisition. QBE Group has successfully delivered more than 125 acquisitions since our first acquisition in 1982 and has grown substantially, particularly over the last 10 years. QBE's gross written premium was USD $13.6 billion in 2010.HistoryThe QBE Insurance Group is Australia's largest general insurance and reinsurance group. The growth of QBE Group, nationally and internationally, since its small beginnings in 1886, is the story of an institution that for 125 years has played a significant part in Australian commercial history.In October 1886, James Burns and Robert Philp, two young Scotsmen, formed The North Queensland Insurance Company Limited. By 1890, the company had established over 36 agencies in countries such as London, Hong Kong, Singapore, New Zealand and many Pacific Islands.The QBE name is derived from three originating companies:the "Q" in QBE comes from Queensland Insurance, Bankers' and Traders' and Equitable merger in 1973 with the new holding company, QBE Insurance Group Limited being listed on the Australian Securities Exchange,the "B" in QBE comes from Bankers' and Traders' Insurance Company Limited formed in 1921,the "E" in QBE comes from The Equitable Probate and General Insurance Co. Limited acquired in 1959.Since those early beginnings and through stable growth, merger and strategic acquisition, QBE has grown to become one of the top 25 insurers and reinsurers worldwide. QBE now operates in all key insurance markets with offices in 49 countries and over 14,000 employees worldwide. We look forward to the future with the same excitement, determination and enthusiasm that our founders did in 1886.