The launch signifies a special milestone in
QBE's decade-long partnership with the NSW Swifts, while offering a platform to boost professional participation in Australia's most popular female sport, and Australia's most popular team sport for girls, boasting a 31 per cent participation rate among girls aged 12 to 14.
ACM did not timely communicate to
QBE its receipt of the demand letter.
Fitch sees Blue Ocean as a core captive, as its mission and strategic goals are intricately tied to
QBE group's risk-management strategy by helping the group manage risks and costs more efficiently.
acted as exclusive financial advisor and Locke Lord LLP acted as legal counsel to
QBE.
Peter Cox, motor supply manager at
QBE said: "
QBE were looking for a partner who could deliver the right balance between consistently high standards of service and significant control of our total cost of claims.
"As economic growth continues to show little sign of bursting into action, businesses in Birmingham and the West Midlands are learning to adjust to conditions that look set to stick." The eighth national business sentiment survey conducted by
QBE shows that back in 2011, 18 per cent of West Midlands businesses expected to see a full economic recovery within two years.
According to
QBE Aviation senior vice president Michael Clark, IFBOA members who hold workers' compensation coverage through
QBE are returned a portion of their premiums after their losses and administrative costs are paid.