Fried to leave QBE role as insurer splits emerging markets division
Australian insurer QBE is reviewing its emerging markets division after making a pre-tax loss of $48m (£28m) in the first half of the year compared with a profit of $36m in the same period last year.
David Fried, Emerging Markets CEO, pictured, is to step down and the division is to split into Latin America and Asia-Pacific after being united in 2014. The insurer is embarking on a strategic review
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