qbe insurance group ltd
(QBE:Australian Stock Exchange Ltd)
Transactions by QBE INSURANCE GROUP LTD (QBE) in the last 6 months
Werthein Group entered into an agreement to acquire workers compensation business in Argentina from QBE Insurance Group Limited for $95 million on February 24, 2015. The transaction is expected to close during the third quarter of 2015 and is subject to local regulatory approval.
Steadfast Group Limited (ASX:SDF) agreed to acquire CHU Underwriting Agencies, Corporate Underwriting Agencies and Underwriting Agencies of Australia from QBE Insurance Group Ltd. (ASX:QBE) for approximately AUD 350 million on February 16, 2015. The total consideration includes up-front cash consideration is AUD 290 million. Moreover, the final consideration is subject to an earn-out based on 2015 and 2016 performance relative to 2014. The upfront cash consideration ...
Pen Underwriting acquired portfolios of QBE placement services from QBE Insurance Group Ltd. (ASX:QBE) on December 2, 2014. As part of the deal, a three-strong team of highly experienced Kevin Thomas, George Vincent, Sue Calderwood and other underwriters will join Pen Underwriting at 333 Collins Street.
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