QBE Insurance Group today announced that John Neal, Group chief executive officer, will be stepping down after five years in the role. The board of directors has appointed Patrick Regan, chief executive officer Australian and New Zealand operations and previously …
Social media data mining offers insurers an opportunity to combat fraud and improve underwriting, according to a recently issued white paper by QBE North America, an operating division of global insurer QBE Insurance Group Limited. The white paper titled “Innovations …
A former executive of QBE Insurance Group was sentenced on Thursday to 1-1/2 years in prison for conspiring to embezzle $2.6 million from the insurance company, some of which he used to buy a house and luxury vehicles. James Shea, …
HSBC and its subsidiary Hang Seng Bank are selling insurance businesses in Hong Kong, Singapore, Argentina and Mexico to a pair of buyers for $914 million. HSBC said Wednesday that AXA Group will pay $494 million for general insurance businesses …