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QBE Insurance Group Limited is an Australian multinational general insurance and reinsurance company headquartered in Sydney, Australia. QBE offers commercial, personal and specialty products and risk management products.
This proposal was rejected by the IAG board the next day. QBE responded by increasing its proposal to 0.142 QBE shares plus 70 cents per IAG share. On 14 April 2008, IAG also rejected this proposal. On 16 May 2008, QBE increased its proposal to 0.145 QBE shares plus 90 cents per IAG share (an effective value of $4.60 per IAG share at the time).
In January 2007, QBE Insurance Group, Sydney, Australia, agreed to buy Winterthur U.S. Holdings, General Casualty's parent company, for $1.16 billion. [5] In 2011, QBE announced that the General Casualty name would be replaced with the QBE name and logo. [6]
To get a sense of who is truly in control of QBE Insurance Group Limited ( ASX:QBE ), it is important to understand the...
In March 2021, it was announced that Horton would be the next Group CEO of QBE Insurance. [4] [5] Andrew Horton recently appeared on BBC Radio 4's show 'The Bottom Line', [6] hosted by Evan Davis. Despite a year of natural disasters including Hurricane Sandy, Horton told the Insurance Times he expected a strong performance from Beazley in 2012. [7]
Qube Logistics operates road and rail services. Qube operates rail freight services in regional New South Wales and Victoria, and between Melbourne and Adelaide.In January 2022, Qube commenced operating a contract to transport BlueScope products from its steel works at Port Kembla to Melbourne and Brisbane. [17]
Australia's insurance market can be divided into roughly three components: life insurance, general insurance and health insurance.These markets are fairly distinct, with most larger insurers focusing on only one type, although in recent times several of these companies have broadened their scope into more general financial services, and have faced competition from banks and subsidiaries of ...
Organizations linked to Bill Ackman, Larry Ellison, and Sean Combs (a.k.a. Diddy) were mentioned in the filing.