QBE slashes aggregate cover at 1.1 to protect & build cat XoL towers

Re/insurance group QBE worked its 1.1 reinsurance renewals to protect and build up its cat excess of loss tower, while lifting retentions and slashing aggregate covers to hold down its overall reinsurance spend, officials have claimed.

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Reinsurance, Insurance, 1.1 Renewals, Property Catastrophe, XoL, Quota Share, QBE, QBE Re, Australia, APAC, Global

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QBE slashes aggregate cover at 1.1 to protect & build cat XoL towers

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