Reinsurance legacy specialist Compre has completed the acquisition of Hamburger Internationale Rückversicherung from Tawa after obtaining approval from German regulator BaFin.
QBE Europe's first half gross written premiums fell 13% to $2.69bn (£1.62bn) from $3.1bn in the same period of 2013.
The Icelandic Met Office has warned of an increased risk of volcanic ash following powerful seismic activity at Iceland’s Bardarbunga volcano.
A ban on smartphone taxi firm Uber operating in Berlin has been suspended until further notice following a decision by the presiding judge of the Berlin Administrative Court.
Smartphone taxi company Uber has been hit with a ban from the city of Berlin on concerns over insurance for passengers.