ASX lifts with recovery news, QBE’s new chief revealed
Stocks close higher as latest GDP figures show economy recovering rapidly after COVID, while QBE’s new chief revealed in a London announcement.
Qbe Insurance
ASX hits 3-week low
ASX closes at three-week low, spurred on by a downturn in US futures.
Covid claims a big insurance cloud: QBE
QBE Insurance’s interim chief executive Richard Pryce says COVID-19 business interruption claims pose the “greatest uncertainty” for the sector.
QBE must calm concerns with permanent CEO
Naming Sue Houghton as Australian boss is a good step, but analysts will be nervous until QBE names a full-time CEO.
QBE taps new head to boost Australian unit
Six months after Vivek Bhatia vacated the position, QBE has named Sue Houghton as its new CEO of Australia Pacific.
QBE hopes for Bradbury moment in CBA race
QBE Insurance is believed to be taking on IAG and Suncorp in their quest to buy the CBA general insurance unit.
QBE braces for Covid payouts
QBE has lifted its COVID-19 allowance following the adverse outcome of a crucial business interruption test case in the UK.
UK Covid ruling a blow for local insurers
QBE has been dealt a fresh blow in its fight against business interruption claims stemming from the coronavirus pandemic.
QBE not conservative enough: analysts
A new boss at QBE may look ‘fairly quickly’ at addressing the insurer’s catastrophe allowance, analysts say.
QBE readies for more natural disasters
QBE says it will drive ‘appropriate margin expansion’ this year after it increased its net catastrophe allowance by 25pc.
QBE faces downgrade pressure
QBE could face pressure for a further top-up of its insurance provisioning even after its monster pre-Christmas downgrade.
Stocks take hit from Covid outbreak, QBE woes
ASX falls sharply as travel and bank stocks feel impact of Sydney Covid cluster, while A2 Milk slashes guidance and Mesoblast dives.
QBE dividend in doubt
The insurance group’s shares have slumped 12.5 per cent as it warned of a $US1.5bn full-year loss.
QBE appoints a caretaker CEO
QBE has tapped international boss Richard Pryce as acting chief executive as it continues a search for a permanent CEO.
QBE faces new Covid claim test
QBE named in suit by bankrupt US retailer which says COVID’s impact should be covered by business interruption insurance.
QBE mulls appeal of UK Covid payout ruling
QBE among insurers hit by landmark UK ruling which raises pressure on industry to pay out business interruption claims linked to the pandemic.
‘Rapid, radical change’
Sexual harassment isn’t just a few one-off cases, sex discrimination commissioner says.
QBE chief exits with $310,000 goodbye
QBE has limited former CEO Pat Regan’s exit pay to $310,000 following his departure over inappropriate behaviour.
Succession planning falls short at QBE
One of the key tasks for a chief executive and a board is succession planning and that has plainly failed at QBE.
QBE’s board playing catch-up
QBE’s board got its CEO exit pay right, but filling the job is a task it has already dropped the ball on.
Why QBE had to cut short CEO’s tenure
Former QBE Insurance chief executive Pat Regan is described as “ultra-competitive” and at times displays an aggressive leadership style.
QBE CEO search stirs the pot
The abrupt exit of QBE CEO Pat Regan over inappropriate behaviour is causing a stir and complicating a succession process at rival IAG.
Pandemic a drag on QBE search for CEO
The COVID-19 pandemic will make QBE’s search for a new chief executive more difficult, fund managers and analysts have warned.
Boards on notice to take complaints seriously
Pat Regan was a member of the Male Champions of Change group of corporate leaders who support the promotion of women.
Dovish shift for RBA as ASX sheds 1.8pc
Afterpay and QBE led the ASX to losses of 1.8pc at the close, while economists noted a dovish shift from the RBA at its latest meeting.
AMP, QBE – is the message sinking in?
Pat Regan endorsed a code of conduct and broke it. End of story, especially after what QBE’s previous CEO did.
Praise for fast QBE action
‘Absolutely no sign’ of any downward trend in sexual harassment in the workplace, says a senior lawyer.
Email probe skewers QBE chief
QBE chief Pat Regan to exit over ‘poor judgment’ following a scan of company emails and a female employee’s complaint.
QBE shock as CEO steps down
One of Australia’s main insurance groups has parted ways with its CEO after an investigation into its workplace culture.
Premium rises boost QBE after loss
QBE shares surged as the insurer said it had had little choice but to increase premiums, after it posted a $US712m interim loss.
Original URL: https://www.theaustralian.com.au/topics/qbe-insurance/page/3