Gross written premiums less treaty (2001): £437m
Includes gross written premiums less treaty for:
QBE International Insurance: £332m
Iron Trades Insurance: £105m
Address: Corn Exchange, 55 Mark Lane , EC3R 7NE
Tel: 020 7456 0000
Fax: 020 7680 1962
Year established: 1886
History: QBE's roots can be traced back to 1886 when two Scottish migrants, James Burns and Robert Philip, formed the North Queensland Insurance Company in Sydney,
Australia. The company quickly expanded and by the turn of the century it had founded over 36 agencies in countries ranging from New Zealand, Hong Kong, Singapore and London to
many of the Pacific Islands. By 1904, a branch office on Fenchurch Street in London had been established. The North Queensland Insurance Company continued to grow throughout the
century, acquiring the Equitable Probate and General Insurance in 1959. The merger with the Bankers' and Traders' Insurance Company in 1973 formed the basis of the modern day
company QBE Insurance Group.
Chief officer: Paul Glen
Biography: A chartered accountant, Glen spent 12 years at Legal & General where he had a number of finance and operational roles, culminating in his appointment as managing
director of the general insurance business.
Main lines of business: Treaty: agriculture; credit, surety and political risk; marine treaty; motor treaty; personal accident; property facultative. General insurance: extended
warranty; general liability; bloodstock and equine; leisure and sport; property; speciality lines; private medical insurance; employers' liability.