The regulator has flagged widespread transparency shortcomings in car insurance renewals nearly a year after launching court proceedings against RACQ Insurance.
Lorelle Hillman will serve as acting managing director of QBE's business division from September while the insurer searches for a permanent successor to Elliot Hill.
The Labuan-based reinsurer plans to deploy additional capital to fill capacity gaps left by competitors retreating from certain countries and regions amid a softening market.