News Reinsurance03 Sep 2026

QBE completes divestment of global trade credit and surety operations to Swiss Re

| 03 Sep 2026

QBE Insurance Group confirmed on 1 September 2026 that it had completed the divestment of its global trade credit and surety operations to Swiss Re Corporate Solutions, the commercial insurance arm of the Swiss Re Group.

In a statement, QBE noted that the completion supports its ongoing strategic focus on optimising its portfolio, enabling the reallocation of capital and resources towards growth opportunities that align more closely with the insurer’s long-term strategy. 

QBE and Swiss Re Corporate Solutions have worked together to ensure a smooth transition for QBE employees, customers and brokers. 

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