QBE ReIns Corp
Major Rating Factors:
Good overall results on stability tests (5.7 on a scale of 0 to 10) despite negative cash flow from operations for 2024. Fair profitability index (4.1) with operating losses during 2020 and the first six months of 2025. Average return on equity over the last five years has been poor at -0.1%. Strong long-term capitalization index (7.5) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Ample reserve history (7.0) that can protect against increases in claims costs. Good liquidity (7.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
F - Negative cash flow.
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Comm multi (3.5%), personal/comm auto (3.1%), homeowners (1.4%), work comp (0.7%), other (91.4%)
Licensed in:
All states except AK, AL, CO, CT, KY, MA, MD, ME, MO, MT, NC, ND, NM, RI, SC, SD, TN, VT, WY, also licensed in PR
Principal Investments:
Common stock (74.2%), investment grade bonds (11.9%), preferred stock (6.5%), cash (0.4%), other (6.9%)
Corporate Info
Group Affiliation
QBE Ins Group Limited
Investment Rating
--
Company Address
One QBE Way
Sun Prairie, WI 53596
Sun Prairie, WI 53596
Phone Number
(800) 362-5448
NAIC Number
10219
Website
Largest Affiliates