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