Largely US exposed small/medium commercial and habitational property, with increasing expansion into Canada and other territories.
Working through Lloyd's Brokers we have an extensive range of coverholders who have delegated authority to bind QBE on risk.
Most of the business is written on a ‘full-value’ basis, with some layered facilities on pure catastrophe accounts. There is a mixture of lead and follow lines, where our normal maximum any one risk line is $5m.