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QBE Reinsurance Syndicate 566

Syndicate 566 is a sub-syndicate of QBE Syndicate 2999, specialising in excess of loss reinsurance business. The Syndicate is led by Jonathan Parry, Chief Underwriting Officer of QBE’s Reinsurance and Credit Lines division, writing: non-marine property; aviation; marine; north American and international casualty treaty; worldwide and retro; and personal accident business in the Lloyd’s market.

Underwriting reinsurance treaties from most parts of the world, Syndicate 566’s underwriters have an in depth knowledge of their clients and the territories in which they operate. The use of sophisticated models enables it to estimate the magnitude and frequency of large events and to analyse and understand its clients’ portfolios effectively.

2011 Gross Written Premium split

Syndicate 566 is managed by QBE Underwriting Limited, one of the largest managing agents at Lloyd’s. QBE Underwriting Limited is a wholly owned subsidiary of the QBE Insurance Group, who provide 100% of Syndicate 2999’s capacity.