Opinion: QBE Chile spin-off

A fresh sign came yesterday that the model of a truly global,
all-country P&C insurer is somewhat out of fashion, when QBEspun off its Chilean operations to management.
The move has followed a raft of disposals and divestitures over
the last year or two from heavyweightsAIG,Zurich andRSA, whileGenerali has signalled pending surgery and QBE itself has
dismantled other parts of its own empire.
Where previously these groups had looked to expand their
footprint to generate...