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QBE completes divestment of Global Trade Credit and Surety operations to Swiss Re Corporate Solutions

Picture of inside QBE Insurance Sydney George Street office

QBE Insurance Group today confirms it has 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. 

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

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

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’s leading reinsurers. 

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  • Media enquiries:

    Alyssia El Gawly
    External Communications Lead 
    Phone: +61 432 264 700
    Email: [email protected] 

  • About QBE Insurance Group

    QBE Insurance Group Limited (QBE) was founded in Townsville, Queensland in 1886 and is now headquartered in Sydney and listed on the Australian Securities Exchange (ASX). QBE is an international insurer and reinsurer organised across three divisions with a local presence in 26 countries. 

  • About Swiss Re Corporate Solutions

    Swiss Re Corporate Solutions provides risk transfer solutions to large and mid-sized corporations around the world. Its innovative, highly customised products and standard insurance covers help to make businesses more resilient, while its industry-leading claims service provides additional peace of mind. Swiss Re Corporate Solutions serves clients from offices worldwide and is backed by the financial strength of the Swiss Re Group.