Thread: QBE Insurance

From the Kiwi Gun Blog
https://kiwigunblog.wordpress.com/20...acks-shooters/

Effective 1 October 2018, QBE will no longer insure customers whose turnover is more than 50% derived from the manufacture and/or sales of firearms.

In addition, QBE will stop insuring any organisation, association or club which provides permits to own, purchase, carry or use firearms, or whose primary purpose is to support the right to bear firearms, or which conducts or otherwise supports activities involving the use of firearms. This includes shooting clubs and Political parties that support the use of firearms.

Why are we making this change?

At QBE we firmly believe that we have a responsibility to be a good corporate citizen in the communities and countries where we operate. This change is important to ensure that QBE is engaged in underwriting consistent with the Principles of Sustainable Insurance, the avoidance of reputational risk, and the increasing investor and societal concerns over the proliferation and use of firearms today.