Swiss Re Corporate Solutions completed its acquisition of QBE’s Global Trade Credit and Surety operations on September 1, 2026. Factual directory note — verify at source.
Last verified: September 29, 2026 (PT)
Swiss Re’s commercial insurance arm has closed a credit-and-surety platform deal announced in February. Dated public facts for the underwriter directory — and what they are not.
Verify at source / not placement advice / not legal advice. Confirm M&A disclosures and writing-company names on live Swiss Re / QBE pages and on the bond form. Industry education only — not a placement recommendation.
On September 1, 2026, QBE Insurance Group confirmed it had completed the divestment of its Global Trade Credit and Surety operations to Swiss Re Corporate Solutions. QBE frames the sale as portfolio optimization and capital reallocation (QBE’s framing) and cites a smooth transition for employees, customers, and brokers.
No separate Swiss Re close PR was located on swissre.com this pass; completion is anchored to the QBE newsroom notice.
On February 20, 2026, Swiss Re stated that Corporate Solutions had agreed to acquire QBE’s Global Trade Credit and Surety business, subject to regulatory approvals.
Per that Swiss Re PR (Swiss Re’s figures / claims): strong presence in Australia, New Zealand, and the UK; expected annual revenues of approximately USD 200 million; specialty framing around payment and performance risk on receivables; global segment commentary of around USD 19 billion in premium (company commentary, not a GG ranking); purchase price not disclosed.
QBE’s matching February 20, 2026 announce adds: “QBE’s French Bonds business does not form part of this transaction.” Swiss Re’s PR body retrieved for this draft does not restate that carve-out; neither does the Sept. 1 close notice. Treat French Bonds as excluded at announce per QBE — re-verify if later disclosures differ.
CorSo writes primary surety; Swiss Re Reinsurance separately supports insurers’ credit/surety books — keep those faces distinct. Read this close as primary credit-and-surety platform expansion with an AU / NZ / UK tilt — context for Swiss Re Corporate Solutions. Not a US DWP ranking, AM Best action, or placement signal.
Pending: Future SFAA name-order impact; US/Canada writing-company legal names on forms; any later Swiss Re close PR.
| Date | Event | Source |
|---|---|---|
| Feb 20, 2026 | CorSo agrees to acquire QBE Global Trade Credit & Surety (subject to approvals); ~USD 200m revenues (Swiss Re’s figures); AU/NZ/UK | Swiss Re PR |
| Feb 20, 2026 | QBE announces divestment; French Bonds excluded | QBE newsroom |
| Sep 1, 2026 | QBE confirms divestment completed | QBE newsroom |
Verify at source / not legal advice / not placement advice. Revenue and segment figures are Swiss Re’s or QBE’s self-claims. Directory pointers only — never a placement menu. Confirmed September 29, 2026 (PT).