QBE underwriters in Canada insure risks under our Lloyd’s underwriting license. This means that our customers benefit from the financial strength and security of both QBE and Lloyd’s.
Lloyd's is the world's leading specialist insurance market, conducting business in more than 200 countries and territories worldwide. It is often the first to insure new or unusual risks and brings together an outstanding concentration of expertise, backed by excellent financial ratings.
Credit rating agencies assign an overall financial strength rating to the Lloyd's market as a whole. This is because Lloyd’s has a unique capital structure, known as the Lloyd’s Chain of Security, which provides financial security through a Central Fund backed by all Lloyd’s syndicates. More information about ratings for Lloyd's is available on the Lloyd's website
QBE manages its Lloyd's activities through QBE Underwriting Limited (QUL), one of the largest managing agents at Lloyd's. QUL manages two Lloyd's syndicates: Syndicate 386 and umbrella Syndicate 2999. On QBE’s UK website, you can find more information about QBE’s Lloyd’s syndicates