Swiss Re Corporate Solutions Acquires QBE's Trade Credit and Surety Business

On February 20, 2026, Swiss Re Corporate Solutions announced its agreement to acquire QBE Insurance Group's Global Trade Credit and Surety business. This acquisition, subject to regulatory approval, is set to bolster Swiss Re's primary credit and surety insurance offerings while enhancing its ability to serve corporate clients' risk management needs.

The acquisition aligns with Swiss Re Corporate Solutions' strategy to diversify its portfolio and seize new growth opportunities. QBE's business operates through an experienced team in Australia, New Zealand, and the UK, generating estimated annual revenues of USD 200 million.

The trade credit and surety insurance segment is crucial for companies managing payment and performance risks, contributing USD 19 billion in premiums globally with potential for growth due to economic uncertainty and complex supply chains.