QBE publishes Metals Autumn 2022 Update
Authored by QBE Senior Underwriter Ally Connolly
Sector overview
As we head into the final quarter of 2022, we reflect on a year for metal markets that has been unpredictable and volatile. Steel prices have been on a positive trajectory for most of the year, and as a result, stockholders, mills, and traders have benefitted which resulted in strong margin generation during the early parts of the year. As we move through H2, the landscape has somewhat changed and challenges across both upstream and downstream supply chains are now starting to impact the sector, as well as many others.
Click HERE to access the full Metals Autumn Update
About QBE
QBE European Operations is part of QBE Insurance Group, one of the world’s leading international insurers and reinsurers and Standard & Poor’s A+ rated. Listed on the Australian Securities Exchange, QBE’s gross written premium for the year ended 31 December 2018 was US$13.7 billion.
As a business insurance specialist, QBE European Operations offers a range of insurance products from the standard suite of property, casualty and motor to the specialist financial lines, marine and energy. All are tailored to the individual needs of our small, medium and large client base.
We understand the crucial role that effective risk management plays in all organisations and work hard to understand our clients’ businesses so that we offer insurance solutions that meet their needs – from complex programmes to simpler e-trading solutions – and support them in minimising their risk exposures. Our expert risk management and rehabilitation practitioners focus on helping clients improve their risk management so that they may benefit from a reduction in claims frequency and costs.