Exponential growth for QBE in Romania
"QBE Insurance, the Romanian unit of Australian insurer QBE, posted gross
written premiums of over EUR 200,000 from the beginning of this year", Gabriel
SAUER, General Manager of the company, declared for XPRIMM Newsletters.
"We propose ourselves an exponential growth until the end of the year, as
we already have hundreds of offers' requests", the official added.
All premiums have been written through brokerage companies that stand
as the main distribution channel for QBE Insurance. In this matter,
the insurer had already settled partnerships with a range of insurance
brokers in our country like MARSH, AON Romania, EOS Risq, LONDON Brokers,
FUNK International, TOTAL Advisor si MAI.
OBE Insurance will focus mainly on selling property and casualty insurance.
QBE Insurance (Europe) is one of the two international insurance groups
that notified the Insurance Supervisory Commission regarding its intention
to open a Romanian unit, besides COFACE.
At a global level, the Australians from QBE recorded earnings from
premiums of USD 12.41 billion in 2007, growing 19.6% from 2006.
Author: Alexandru CIUNCAN
on 19.03.2008
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