QBE MD defends undercutting accusations as 'just the market'

Terry Whittaker

QBE National has hit back at claims it is pricing aggressively in regional markets, keeping wider rate increases in check.

In an interview with Insurance Age, Terry Whittaker, managing director of the Australian insurer's regional operation, said he took it as a compliment that larger composite insurers were identifying his company as a 'problem' and claimed allegations he was undercutting competitors were wide of the mark.

"I won't accept accusations that we are undercutting. Are some of our

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