Raheja QBE General Insurance Company Limited is a joint venture between Prism Cement Limited and QBE Holdings (AAP) Pty Limited. IRDA has issued the certificate of registration on December 12, 2008. The Rajan Raheja Group (India’s diversified business group) brings QBE (world’s renowned Insurance company) to India and make a Joint Venture to form Raheja QBE (RQBE) general insurance company limited. The Rajan Raheja Group’s success and experience are combined with the QBE’s global expertise in insurance. Prism Cement Limited holds 74% stake and QBE Holdings carries the remaining 26% stake in this joint venture. Standard and Poor credits RQBE with A+ rating for Insurer’s Financial Strength rating. Raheja QBE believes in Integrity, Teamwork and Service Excellence. The latest Incurred Claims Ratio (ICR) of Raheja QBE for FY 2018-19 is 83%.