GWP Less Treaty: No split of GWP less treaty provided. GWP total is £546m UK head office: Corn Exch...
GWP Less Treaty: No split of GWP less treaty provided. GWP total is £546m
UK head office: Corn Exchange, 55 Mark Lane, London, EC3R 7NE, tel 020 7456 0000 fax 020 7680 1962. QBE International Insurance is part of QBE European Company Operations, a division of QBE Insurance Group
Management team at QBE European Company Operations: Paul Glen, managing director; Ferghal O'Regan, director of underwriting and chief actuary; Wayne Lewis, director, corporate services and strategy; Mo Kang, director, human resources; Steven Price, general manager, major risks division; Des Fogarty, general manager treaty division; Paul Moss, director, claims; Nick Horne, general manager, financial risks division; Doron Grossman, general manager, Central & Eastern European Division
Major shareholders: 100% owned by QBE Insurance Group
Main lines of business: agriculture treaty, direct & facultative, bloodstock & equine, bonds, casualty treaty, contingency, cinema, credit, surety & political risk, domestic property, employers' liability, extended warranty, financials risks, general liability, leisure and sport, marine treaty, motor treaty, personal accident, personal accident direct & facultative, personal accident treaty, private medical insurance, property (treaty and facultative), speciality lines, trade credit, space
Total no of employees: QBE ECO employed 2529 people as at 31 December 2002
Recent acquisitions/sales: None
Reserves: Reserves shown are total shareholders funds - £316m
Agency base: QBE International Insurance operates all its business through selected insurance intermediaries
Direct arm: see above
Comment: Paul Glen, managing director of European company operations, says: "We are known for the consistency of our underwriting and the strength of our risk management practices. These areas have always been supported by the personal integrity of our teams. Drawing on this base will be particularly important for us as the market hardens and consolidation continues throughout the industry during 2003."
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