Trade Qbe Insurance Group
QBE Insurance Group Ltd. is the largest ASX listed insurance company by both written gross capital premium and market capital. It provides insurance services mainly to Australia, North America, Europe and the Asia-Pacific region. In 2019, the Bank had more than 11,700 employees in 27 countries around the world. As of August 2012, Qatar Bank has been ranked among the largest public insurance companies in the world. The bank's capital reached a market of US$15.63 billion. The company posted a profit after tax of US$567 million in 2018 and a combined operating rate (COR) of 95.7%. originally called insurance company in North Queensland, QBE was founded in 1886 in Townsville, north Queensland by two Scottish immigrants, James Burns, and the founders of the shipping company Burns Philp inc. QBE on the Australian Stock Exchange in 1973 from the merger of three companies representing the letters of the joint venture company, Queensland Insurance, Bankers, Merchant Insurance Company, Fair Life Company and General Insurance, and its founding chairman J.D.O. Burns.Since then, QBE has continued to acquire several companies. In February 2007, for example, it acquired the Mexican insurance company SA de CV, whose net physical assets were estimated at $26 million, and the United States insurance company General Injury Insurance. In 2011, QBE Balboa purchased insurance from California from Bank of America. QBE Insurance is also known for its sponsorship of sports teams, including the Sydney Swans from the Afl, and Sydney Roosters from the National League For rugby, the NSW Swifts of the NETBALL Championship via the ANZ Tasman, perth glory of the Australian League and the New Zealand Regional Rugby Team, North Harbour. QBE is the official insurance partner for England Rugby and the Argentine Rugby Union.