QBE Group CEO Frank O’Halloran has been named as a finalist for the US-based International Insurance Society’s 2010 Insurance Hall of Fame.

The other candidates are from Israel, Brazil, the UK and Taiwan, and the award will be presented to the winner in Madrid, Spain, in June.

Mr O’Halloran was also a finalist last year. His citation says he has been directly responsible for more than 125 acquisitions by QBE and increasing the company’s value tenfold.