QBE Insurance Group Limited, established in 1886, has evolved into a renowned international insurer and reinsurer. Headquartered in Sydney, Australia, QBE has a significant local presence in 27 countries, showcasing its global reach. The company began as a marine insurance firm, rapidly expanding its operations to various countries including London, Hong Kong, and Singapore, and later extending to Thailand, Vietnam, Malaysia, India, China, Sri Lanka, Burma, and more. In 1924, QBE established an office in New York, marking a significant expansion in its international operations.
QBE's growth continued through strategic acquisitions and mergers. Notably, in 1959, QBE and the Bankers’ and Traders’ Insurance Company (B&T) acquired The Equitable Probate and General Insurance Company. In 1973, QBE and B&T merged, forming QBE Insurance, with the name derived from Queensland Insurance, Bankers' and Traders', and The Equitable Probate and General Insurance Company.
Today, QBE is a global insurance leader, offering a diverse range of products and risk management solutions in commercial, personal, and specialty lines. The company is structured into several divisions, including International, Australia Pacific, and North America. These divisions collectively offer comprehensive insurance solutions across commercial, personal, and specialty lines, catering to a wide range of customer needs.
With its focus on enabling a more resilient future, QBE leverages deep expertise and insights to help people and businesses manage risks, build strength, and embrace change to their advantage. The company is driven by its purpose of enabling a more resilient future, which is evident in its commitment to sustainability, diversity, and inclusion, and its active participation in various global markets.
For actuarial professionals, a career at QBE offers the opportunity to be part of a dynamic, global insurance company with a rich history and a forward-looking approach to insurance and risk management.