Dr Leigh criticises QBE's cuts to trade credit coverage in the construction sector. There was a partial u-turn, but Dr Leigh asks why the change was necessary.

Mr Bhatia says trade credit has been impacted across the globe, and QBE took feedback on board and only 5% of trade credit customers are now affected by the changes to limits.

Dr Leigh asks why QBE doesn't just go back to the original position.

Mr Bhatia says it is better to restrict the 5% most affected areas and continue to be able to support the vast majority.

Dr Leigh does not agree and urges QBE to "reconsider".

Mr Wilson asks about the meeting in Townsville in November, where it was agreed to investigate a cyclone reinsurance pool.

Mr Bhatia says QBE is committed to Queensland, and will assist with these investigations.