QBE drops Ensign Motor Policies.

Australian insurer QBE is to dispose of Syndicate 980, Ensign Motor Policies, at Lloyd's, following ...

Australian insurer QBE is to dispose of Syndicate 980, Ensign Motor
Policies, at Lloyd's, following the acquisition of Limit.


In a statement, QBE said: "We intend to continue to operate all Limit's
existing syndicates other than Syndicate 980. The sale of 980 is well
advanced and completion is expected once the merger has been
finalised."


QBE said it is currently reviewing the managing agency structure. It
expects the current operational structure to remain in place until it has
consulted with Limit

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