Are you racking your brain over what QBE meaning or over what services QBE insurance offers?
Or are you looking for a good
insurance company in Australia and would like to know about QBE insurance
In this article, we are going to review the
QBE meaning, QBE insurance rating and a lot more information about QBE
QBE Meaning and Background Information
As against the computer term QBE which means
“query by example“, QBE is Australia’s largest insurer and the name was derived
from the merger of three companies. Queensland insurance, Bankers’ and Traders’
insurance company and Equitable life and general insurance company. The first
letters of each of these companies’ names are represented in QBE.
It all started in 1886 when two Scottish
business partners James Burns and Robert Phillips, two entrepreneurs
who used insurance to build their businesses, came together to start the
North Queensland Insurance Company limited (QI). In no time, the company grew
and became super successful, with only 4 years down the line, QI had
established 36 locations across Australia and in other major cities of the
world – Hong Kong, London, New Zealand,
Pacific Islands and Singapore inclusive.
In 1921, James Burns and Robert Phillips also
founded the Bankers’ and Traders’ Insurance Company which was consolidated with
investments from business holdings of the partners and also derived its name
Few years later after the death of James
Burns, his son, James Burns, who was also named after him became the CEO of
During the economic depression and the WWII
both companies survived and in 1959, each purchased a large share of the
Equitable probate and general insurance company, about 40% in total. In 1973,
the companies merged and went public, becoming the largest insurance company in
QBE Insurance Rating.
QBE is presently one of the largest insurance
groups in the world and is among the top 20 insurers and reinsurers globally.
Below is a table showing QBE’s latest rating
from all four of the major rating agencies that rate the QBE Insurance group
Insurer’s Financial Strength (FSR)
|Standard & Poor’s||A+||Stable||01/06/2018|
Issuer’s Credit Rating (ICR)
|Standard & Poor’s||A-||Stable||01/06/2018|
|AM Best||bbb +||Stable||13/06/2018|
QBE Insurance Contact and Services
QBE offers a wide range of services to its customers. From personal insurance services to business insurance, insurance for institutional customers and reinsurance.
Amongst them are:
Accident & Health insurance
And QBE life insurance.
For contact information on insurance policies
visit the company’s website in your local country.
For North America, visit qbe.com/us
If you’re in Australia, visit qbe.com/au
Those in Canada can visit qbecanada.com/
For Asia Pacific visit qbeap.com
And Europe visit, qbeeurope.com
For those in New Zealand, visit qbe.com/nz
And for reinsurance, visit qbere.com.
(We work hard so that this website reaches more people who do not know what part of the world to go, “our main objective is to ensure that you can find a place where you can enjoy your quiet holiday with your family, for which we are on this website.”.)