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QBE Group Financial performance and strength. Contents. QBE’s position in the market. In the top 20 insurance/reinsurance businesses around the world measured by net written premium In the top quartile by underwriting profitability and return on equity
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QBE Group Financial performance and strength
QBE’s position in the market • In the top 20 insurance/reinsurance businesses around the world measured by net written premium • In the top quartile by underwriting profitability and return on equity • Strong culture of leadership, business acumen and integrity • Our minimum return on equity targets unchanged for each of our products and our businesses • QBE culture is supported by a programme developed in-house called ‘ONE QBE’ • Small turnover of our senior management and technical staff
Offices located in over 40 countries Our people are selected for their ability, experience, potential and ‘can do’ approach to their work. 2,600 1,500 5,400 1,900 4,000 North America Latin America Australia Asia Pacific Europe
Security ratings Insurer financial strength ratings
QBE Group 10 year history (£) £M Based on average exchange rates January to December 2013 US$ to GBP – 1.571766
QBE financial performance • Consistently produced underwriting profits and return on equity in top quartile of top 20 global insurance companies • Maintain focus on bottom line • Quality not quantity • Our proven strategy of growth mainly through acquisitions and focus on profitability to continue