QBE appoints new managing director of QBE Re

QBE has appointed Stephen Postlewhite as managing director, QBE Re. He will start the new role from April 1, taking over from Jonathan Parry, who will retire in 2021.

Stephen joined QBE in November 2018 as deputy global chief underwriting officer, QBE Re, as part of a planned succession. He brings over 20 years’ experience to the role, having joined from Aspen.

Richard Pryce, CEO of QBE International, said: “QBE Re has achieved excellent results over time, embodied by careful cycle management, strong client relationships and a team of highly experienced underwriters. Stephen therefore takes over the business at an exciting time, with industry tailwinds and a very strong set of results in 2019 giving us significant scope for profitable growth. He has already made a strong contribution to the business and we look forward to him taking QBE Re forward into the future.”

Jonathan Parry will continue to play an active role in QBE until his retirement next year.
Pryce added: “Jonathan is a well-known and highly respected figure in the reinsurance world, and he leaves QBE Re in a very strong position. I would like to thank him for his significant contribution to QBE Re. We wish him the very best in his retirement.”