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.
QBE supercomputer predicts knife edge finish to Six Nations
By Sandra Villanueva – QBE Senior Media Relations Manager
Victory for England, Ireland and Wales in last weekend’s fixtures means this year’s Guinness Six Nations tournament will come right down to the wire with the overall winner almost impossible to predict, according to QBE Business Insurance catastrophe planners.
The Wales v Ireland game at the Principality Stadium is on a knife edge, with probability of either side winning almost 50:50. Despite predicting a narrow Ireland victory, the QBE rugby predictor still has Wales down as slight favourites to win the tournament overall, highlighting how difficult this weekend’s fixtures are to call.
Even with the QBE Supercomputer predicting England to beat Scotland and Wales to lose against Ireland, Wales have still been given a slight edge over England in the overall tournament predictions, due to factoring in the possibility of a Wales upset against Ireland. With England given a 42% chance and Wales a 44% chance of taking the title, the difference is negligible.
The QBE Rugby Predictor applies some of the techniques actuaries use to predict the impact of catastrophes such as earthquakes and floods, and actuaries have used the formula to simulate the tournament 10,000 times producing outcomes from 150,000 games.
MATTHEW CRANE, Executive Director of Market Management at QBE, said:
“Anything can happen this weekend as an enthralling Six Nations tournament reaches its climax. With the crucial Wales-Ireland game predicted to be very tight, there is a range of possibilities with both Wales and England in with a shout of winning the tournament. This is a tough one to call and in the end it will come down to which team is most prepared for whatever comes their way.”
In the other game this weekend, France are expected to beat Italy 25-15, which will cap a disappointing tournament for both nations.
UPDATED PREDICTIONS FOR THE TOURNAMENT:
Grand Slam Winner
Triple Crown Winner
This weekend's predictions
Italy 15 25 France
Wales 22 24 Ireland
England 29 18 Scotland
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