Writing a book of direct and facultative reinsurance business worldwide, excluding US-domiciled manufacturing operations, the international liability team has a capacity of £75 million and a premium income of £220m. Our client base spans 102 countries.
Scope of cover
Public liability
Products liability
Excess employers’ liability
Excess auto liability
Incidental Errors and Omissions
Preferred Business
The international liability team has an expertise which spans a broad range of sectors and industries.
Areas of focus include:
Chemicals
Construction
Energy
Engineering
Entertainment
Food and drink
Hotels
Mining
Petrochemicals
Transportation
Utilities
Policy
Policies can be either primary, with a deductible which would be retained by the insured, or excess of an underlying amount, which can either be an insured layer or a retention which is self-insured.
The international liability team can write business either on a direct basis in the form of an Insurance Contract with the insured or on a facultative reinsurance basis. The latter is in the form of a reinsurance Contract whereby QBE provide reinsurance support to a local insurance company who may be required, often by law, to issue the direct insurance contract to the insured.
The maximum capacity we are able to provide is £75 Million. The size of our line will depend on the need of our client, the quality of risk and terms and conditions of the policy. We are nevertheless able to offer our maximum line on either a primary or excess of loss basis.
Coverage is provided on either standard market wordings (claims made or losses occurring during the policy period) or on bespoke wordings to ensure that the policy is tailored to meet the specific needs of our customers.
