{"id":16351,"date":"2026-02-23T10:32:09","date_gmt":"2026-02-23T10:32:09","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/16351\/"},"modified":"2026-02-23T10:32:09","modified_gmt":"2026-02-23T10:32:09","slug":"qbe-group-sells-global-trade-credit-surety-biz-to-swiss-re","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/16351\/","title":{"rendered":"QBE Group Sells Global Trade Credit & Surety Biz to Swiss Re –"},"content":{"rendered":"

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The latest deals news from QBE Group;<\/p>\n

QBE Group, the global insurer and reinsurer, has entered into an agreement to divest its Global Trade Credit and Surety business to Swiss Re Corporate Solutions, the commercial insurance arm of the Swiss Re Group. QBE\u2019s French Bonds business does not form part of this transaction.<\/p>\n

QBE\u2019s Global Trade Credit and Surety business\u00a0operates\u00a0across Australia Pacific and\u00a0the UK\u00a0supported by a highly experienced team of industry specialists.\u00a0This\u00a0business\u00a0plays a critical role in helping companies manage payment and performance risk arising from their accounts receivable,\u00a0and has been a longstanding, trusted offering for commercial customers.\u00a0<\/p>\n

Andrew Horton,\u00a0Chief\u00a0Executive Officer\u00a0of QBE Group\u00a0said, \u201cOur decision to divest QBE\u2019s Global Trade Credit and Surety\u00a0business\u00a0to Swiss Re\u00a0Corporate Solutions\u00a0supports\u00a0our\u00a0ongoing strategic focus on optimising our portfolio, enabling the reallocation of capital and resources towards growth opportunities that align more closely with QBE\u2019s long-term strategy.\u201d<\/p>\n

Swiss Re Corporate Solutions provides risk transfer solutions to large and mid-sized corporations globally, backed by the financial strength of the Swiss Re Group, one of the world\u2019s leading reinsurers.<\/p>\n

Jason\u00a0Harris,\u00a0Chief Executive Officer of QBE International\u00a0said, \u201cSwiss Re\u00a0Corporate Solutions\u00a0is\u00a0approaching this opportunity with ambition and enthusiasm, seeking our market insights, talent pool and delivery know\u2011how to help accelerate growth in the business.\u201d<\/p>\n

QBE and Swiss Re\u00a0Corporate Solutions\u00a0are focused on\u00a0supporting the needs of\u00a0employees,\u00a0customers\u00a0and partners\u00a0throughout this transaction.<\/p>\n

It is important to note that completion of the transaction is subject to various closing conditions including regulatory approvals, which is likely to take several months.<\/p>\n

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