QBE Announces Organizational Change

NEW YORK, May 12 /PRNewswire/ -- QBE announced today that Pete McPartland, chief operating officer of QBE Regional Insurance, has left QBE to pursue other interests.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070912/QBETHEAMERICASLOGO )

"I would like to thank Pete for his dedication, leadership and many successes during his tenure," said Peter Christen, chief executive officer of QBE Regional in Sun Prairie, Wis.

McPartland joined QBE subsidiary brand General Casualty in 1994 and over the years managed underwriting, field and insurance operations. He served as president and chief executive officer of General Casualty since 2003 until becoming chief operating officer of QBE Regional last year.

In a letter to agents, Christen added that the company's commitment to its independent agents has never been stronger, and that the company is currently expanding its product portfolio, giving agents more cross-sell opportunities between its business units and growing its agricultural capabilities.

About QBE the Americas

QBE the Americas is a division of Australia's QBE Insurance Group Ltd, one of the top 25 insurers and reinsurers worldwide. The Americas division, headquartered in New York, is a leading North and South American insurer and reinsurer. The division conducts business through various property and casualty insurance subsidiaries in eight countries. QBE the Americas is one of the top 20 property and casualty insurers in the United States, with an estimated US$4.2 billion in gross written premium and a combined policyholders' surplus of more than US$2.0 billion in 2008.

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Photo: http://www.newscom.com/cgi-bin/prnh/20070912/QBETHEAMERICASLOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Source: QBE

CONTACT: Tim Kenny, President & CEO, QBE the Americas, +1-212-894-7543;
or Peter Christen, CEO, +1-425-945-5500, or Tom Greenfield, Senior Vice
President, +1-860-408-3218, both of QBE Regional

Web site: http://www.qbe.com/


2008-05-12 19:35:19 0359461 PRNEWSWIRE

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