{
  "schema_version": "1.0",
  "profile_url": "https://bodycorpinsurance.co.nz/insurers/qbe-body-corporate/",
  "markdown_url": "https://bodycorpinsurance.co.nz/insurers/qbe-body-corporate/markdown.md",
  "last_reviewed": "2026-06-03",
  "insurer": {
    "brand": "QBE",
    "slug": "qbe-body-corporate",
    "legal_entity": "QBE Insurance (Australia) Limited (NZ Branch)",
    "parent_group": "QBE Insurance Group Limited (ASX:QBE)",
    "established_nz": null,
    "website": "https://www.qbe.co.nz",
    "logo_domain": "qbe.co.nz"
  },
  "regulator": {
    "authority": "Reserve Bank of New Zealand",
    "legislation": "Insurance (Prudential Supervision) Act 2010",
    "industry_body": "Insurance Council of New Zealand (ICNZ)"
  },
  "fcib_panel": {
    "site_operator": "First Commercial Insurance Brokers Ltd",
    "fsp_number": "FSP748591",
    "status": "active",
    "statement": "FCIB holds an active QBE agency for commercial property and body-corp risks. QBE is quoted on FCIB body-corp submissions where the risk profile fits the carrier's publicly-stated appetite."
  },
  "positioning": {
    "one_liner": "Australian-headquartered multinational with a substantial NZ commercial property book; broker-only distribution.",
    "narrative": "QBE operates in New Zealand through the NZ branch of **QBE Insurance (Australia) Limited**, which is licensed by the Reserve Bank of New Zealand as a non-life insurer and is a member of the Insurance Council of New Zealand. The parent, **QBE Insurance Group Limited**, is one of the largest international general insurers headquartered in Australia (ASX:QBE) and operates across 27 countries.\n\nFor NZ body corporate insurance, QBE is a regular panel-quoted carrier on commercial property and commercial-strata risks. QBE's NZ commercial-property appetite has historically included multi-unit residential developments — particularly mid-sized to larger body corporates where the risk supports a more technical underwriting approach. Like the rest of the NZ commercial body-corp panel, QBE writes through brokers only; there is no direct-to-public channel.\n\nFor a body corporate committee, the practical implication is that QBE quotes alongside NZI, AIG, Zurich, Delta and Dual on FCIB-presented risks where QBE's appetite fits the building's construction, age, location and claims history. QBE typically asks for full underwriting information (current valuation, claims history, recent capex, weathertightness status) before quoting larger risks."
  },
  "appetite": [
    "Mid-to-large unit-titled residential developments",
    "Commercial-mix and pure-commercial body-corporates",
    "Risks with full underwriting information available (valuation, claims history, capex)",
    "NZ-wide; Wellington and Christchurch underwritten with seismic-zone loadings"
  ],
  "credentials": [
    "QBE Insurance (Australia) Limited (NZ Branch) is licensed by the Reserve Bank of New Zealand under the Insurance (Prudential Supervision) Act 2010",
    "Member of the Insurance Council of New Zealand (ICNZ)",
    "Parent QBE Insurance Group Limited listed on ASX as QBE"
  ],
  "wording": {
    "status": "pending",
    "note": "QBE Body Corporate wording PDF not yet ingested."
  },
  "references": [
    {
      "label": "QBE New Zealand",
      "url": "https://www.qbe.co.nz"
    },
    {
      "label": "QBE Insurance Group (ASX:QBE)",
      "url": "https://www.qbe.com"
    }
  ],
  "citation": {
    "licence": "CC BY 4.0",
    "attribute_to": "bodycorpinsurance.co.nz"
  }
}