QBE shrinks main cat XoL reinsurance tower, adjusts aggregate protection at renewal

Share!

Reinsurance News - Feb 16, 2024

Australian insurer QBE opted to shrink the size of its main catastrophe excess of loss (XoL) reinsurance tower by $400 million at the renewals to $2.7 billion with an unchanged retention of $400 million, while the retention on its aggregate protection came down to $500 million. Announcing its full y...

Read Full Article

Recommended Articles

Japan remains an attractive, diversifying market for reinsurers despite further softening at April 1: Gallagher Re’s Sherriff

Posted: Apr 01, 2026

Japan continues to be an attractive, diversifying market from a reinsurance standpoint, said George...

Reinsurers’ ROEs to exceed their cost of capital in 2026: Aon

Posted: Apr 01, 2026

Reinsurers achieved an average return on equity (ROE) of 17%, marking a third straight year of stron...

Jan 1 themes persist at April renewals as property cat rate decreases accelerate: Gallagher Re

Posted: Apr 01, 2026

January 1 renewal trends persisted at the Japan-focused April 1 reinsurance renewals, with Gallagher...