Arig announced the appointment of Jehan Dias as senior executive officer to lead the business operation of its new subsidiary: Arig Insurance Management (DIFC) Limited. Dias is a Swiss national with a background of over 14 years’ experience in the reinsurance industry. He began his career with Swiss Re in...
Asta, Lloyd’s third party managing agent and specialist MGA investor, is pleased to announce it has agreed to a transaction that will finance the development of Arma Underwriting Limited. Asta will take a minority equity stake in Arma and will also support the company’s infrastructure including finance and IT. Arma...
The Company for Cooperative Insurance (Tawuniya) recently named Abdulaziz Al Boug as the new chief executive officer, effective from April 21, 2017, the insurer said in a statement to Tadawul. Al Boug will replace Raed bin Abdullah Al-Tamimi, who resigned for personal reasons. Al-Tamimi has served as CEO since September 2014....
Qatar Re has announced the promotions of Luke Roden and Michael van der Straaten to chief underwriting officer (CUO) positions. Previously they were deputy CUOs to Alastair Speare-Cole, who resigned earlier. Gunther Saacke, CEO, said: “We thank Alastair for his relentless efforts during his stint at Qatar Re. Generational change...
Fenchurch Faris Ltd. has appointed Farah Obeidat as manager of Faris Insurance Services, a wholly owned subsidiary in Amman. She is tasked with growing the companies local as well as regional book of business. Farah has a BA in Risk Management & Insurance from the Hashemite University in Jordan and...
Stephen Dainton, co-head of global markets for Europe, the Middle East and Africa (EMEA), and head of UK and EMEA global markets equities, is leaving Credit Suisse after more than 13 years with the bank. His global markets role will be covered by Eraj Shirvani on an interim basis. Shirvani...
SimCorp, a leading provider of investment management solutions and services for the global financial services industry, today announced the appointment of Stephen Butcher as new managing director of its UK, Ireland, and Middle-East markets. Stephen Butcher joins SimCorp with more than 30 years of experience from software vendors and data...
Trust Re has announced the appointment of John Matthews as its new head of Claims, following the retirement of Kuriyan Oomman, at the end of last year. Dip-CII qualified, John is a high-performing and driven all-round insurance professional with 33 years of related experience, in and with the London insurance/reinsurance...
Deutsche Bank has announced the appointment of Fred Hilal as head of Wealth Management in the Gulf region (excluding Kingdom of Saudi Arabia). In this role, Hilal will lead Deutsche Bank’s client coverage across the Gulf. Based in Dubai, he reports to Steve Wainwright, head of Wealth Management Middle East...
Chubb has announced the promotion of Nikolay Dmitriev, currently regional managing director – Russia, CIS & Turkey, to the additional new role of regional director of Property & Casualty (P&C), Eurasia & Africa, as it continues to position itself for targeted growth in this important emerging region. In his new...
