QBE RE EUROPE LIMITED
Company Information
- Company Number
- 01378853
- Registered Address
- Plantation Place, 30 Fenchurch Street, London, EC3M 3BD
- Status
- Converted / Closed
- Employee Count
- 87
- Turnover
- £337,478,000
- EBITDA
- £53,736,000
Additional Details
- Website
- https://qbeeurope.com
- Company Type
- Converted/closed company
- Incorporated On
- 17 July 1978
- Nature of Business
- 65120 - Non-life insurance
- Industries
- Financial Services
- Region
- London
Company Review
Trend Analysis
The average time taken for QBE RE (EUROPE) LIMITED to pay invoices has remained consistent over the past three periods, with a slight increase in the most recent period.
Volatility Analysis
The percentage of invoices paid within 30 days has fluctuated between 90.0% and 93.3% over the past three periods, showing a small amount of volatility. The percentage of invoices paid between 31 and 60 days has also fluctuated between 6.7% and 9.1%, while the percentage of invoices paid later than 60 days has remained consistently low at 0.0%. The percentage of invoices not paid within agreed terms has also remained consistently low at 0.0% over the past three periods.
Summary Analysis
QBE RE (EUROPE) LIMITED has maintained a strong record of paying invoices within 30 days, with an average of 91.1% of invoices being paid within this time period. However, there has been a slight increase in the average time taken to pay invoices in the most recent period. The company has also maintained a low percentage of invoices paid later than 60 days, with no instances of this occurring throughout the past three periods.
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2020 - 31 Dec 2020 | 28 Jan 2021 | |||||
| 01 Jan 2020 - 30 Jun 2020 | 24 Jul 2020 | |||||
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | |||||
| 01 Jan 2019 - 30 Jun 2019 | 29 Jul 2019 | |||||
| 01 Jul 2018 - 31 Dec 2018 | 09 Jul 2019 | |||||
| 01 Jan 2018 - 30 Jun 2018 | 30 Jul 2018 |
Payment Time Trends
Payment Distribution Trends
Company Summary
QBE RE (Europe) Limited is a leading provider of reinsurance services in the European market. They offer a wide range of products and services to their clients, with a strong focus on sustainability.
Their sustainability program includes initiatives such as reducing their carbon footprint, promoting diversity and inclusion, and supporting community development projects. They have also implemented responsible underwriting practices, ensuring that their products and services do not contribute to activities that harm the environment.
The company's key people include CEO Richard Pryce, who has over 30 years of experience in the insurance industry, and Chief Underwriting Officer Nick Hankin, who has over 25 years of experience in reinsurance.
Their website address is https://www.qbe.com/re, where customers can find information on their products and services, as well as their sustainability efforts. Their registered office address is Plantation Place, 30 Fenchurch Street, London, EC3M 3BD, United Kingdom.
In summary, QBE RE (Europe) Limited is a reputable reinsurance company with a strong commitment to sustainability. They offer a diverse range of products and services and are led by experienced and knowledgeable individuals. Customers can access more information about the company and its operations through their website.
