Controlling shareholders of QBE Del Istmo Compañía de Reaseguros, Inc. agreed to acquire 38.37% stake in QBE Del Istmo Compañía de Reaseguros, Inc. from QBE Insurance Group Ltd. (ASX:QBE) on July 2, 2013. Global Bank Corporation arranged financing for the transaction and MBA Lazard acted as financial advisor for QBE Del Istmo Compañía de Reaseguros and its controlling shareholders.

Controlling shareholders of QBE Del Istmo Compañía de Reaseguros, Inc. completed the acquisition of 38.37% stake in QBE Del Istmo Compañía de Reaseguros, Inc. from QBE Insurance Group Ltd. (ASX:QBE) on July 5, 2013.