QBE announces the decision of Steve Postlewhite, Managing Director QBE Re, to leave the business, following a four-year tenure.
Peter Wilkins will assume the role of interim Managing Director and will oversee QBE Re’s new global alignment strategy and development plans, as previously announced on 4th May 2022.
A search is underway to appoint a new Managing Director for QBE Re.
QBE Re coordinates the underwriting of all of its products, Property, Casualty, Accident & Health, Specialty, and Life reinsurance, across all locations in which it operates. The new structure is designed to respond to and better reflect current market dynamics, and ensure the business remains relevant, influential and continues to provide high quality service to existing and new clients and the broker community.
Jason Harris, CEO QBE International comments “We remain focused and committed to bringing to fruition our ambitious plans for the business. Our well received plans will enable us to deliver our strategic ambitions for sustainable growth and ensure we create a more consistent experience globally for our customers. On a personal note, I would like to thank Steve for his contribution to QBE during his time with us.”
Background information:
In May 2022, Peter Wilkins was appointed to the newly created role of Chief Underwriting Officer, QBE Re taking ownership of underwriting performance, strategy, and planning.
As part of the new structure, Global Product Leaders were appointed for each of QBE Re’s lines of business, reporting to Peter Wilkins. These remain:
- Paul Horgan, Head of Property, QBE Re
- Tim Barber, Head of Casualty, QBE Re
- Simon Parkinson, Head of Accident & Health, QBE Re
- Shane Lawlor, Head of Specialty, QBE Re
- Bruno Guelle, Head of Life, QBE Re
The Global Product Leaders are responsible for providing underwriting expertise, governance, and oversight for each product globally.
Local offices in Bermuda, Dubai, Europe (Brussels & Dublin), London and New York will continue to be led by a general manager who is responsible for strategic development, growth initiatives and delivery of the P&L in each location, working closely with the CUO and Global Product Leaders.
For further information contact:
Sandra Villanueva, Corporate Communications, QBE, 020 7105 5284, Sandra.Villanueva@uk.qbe.com
Alexis Burris, Corporate Communications, QBE, 020 3465 3921, Alexis.Burris@uk.qbe.com
About QBE Re
QBE Re is part of QBE Insurance Group, one of the world’s leading international insurers and reinsurers and Standard & Poor’s A+ rated. Listed on the Australian Securities Exchange, QBE’s gross written premium for the year ended 31 December 2021 was US$18.5 billion.
QBE Re was formed to bring together all of QBE’s global reinsurance capabilities, allowing us to provide a consistent, streamlined service to our clients. Today, we offer a range of tailored Property, Casualty, Accident & Health, Specialty and Life solutions to customers around the world from our offices in Bermuda, Brussels, Dubai, Dublin, London and New York.
For more information, visit qbere.com