Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

QBE shrinks cat aggregate cover at reinsurance renewals

February 20, 2023 Reprints

Australia-based QBE Insurance Group Ltd. expects to retain more risk this year, as its catastrophe aggregate reinsurance coverage shrunk at January renewals, with some layers non-renewed, Artemis reported. As a result, QBE has increased its catastrophe budget to $1.175 billion from $962 million due to the reduced reinsurance.

1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
2. Munich Re names new regional chiefs
3. UAE flash floods likely to be manageable for insurers
4. Chinese drone maker suffers major data breach
5. Inflation drives 10% increase in sum insured for windstorms
6. Apple loses bid to throw out $977M lawsuit over app store fees

Help

QBE shrinks cat aggregate cover at reinsurance renewals

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources