Sunday, September 18, 2016

XL group Opens Reinsurance Operations in center East



XL group’s reinsurance segment introduced the establishment of new operations in Dubai, UAE, to serve the MENA market and act as a local hub for the commercial enterprise.
XL named Mohamad Alali as Senior executive Officer and Imen Hamadouche as a assets Facultative Underwriter, both based totally in its new reinsurance office in Dubai.
David Watson, CEO of XL Re Europe SE, commented: “There stays a sturdy reinsurance purchasing way of life amongst local cedents with big belongings, industrial and electricity exposures inside the MENA region as well as developing opportunities within the Casualty and uniqueness sectors. What those customers want is a neighborhood presence and understanding supported through global understanding and safety, and that is exactly what we plan to deliver.”
“we've got appointed Mohamed Alali, who has solid revel in inside the global reinsurance market, to construct our local Treaty and Facultative underwriting crew and manipulate the operation,” he brought.
“Our 2nd hire, Imen Hamadouche is a terrific addition to this crew; she has vast enjoy in assets and electricity facultative traces across markets.”
Alali joins XL group from Willis in Dubai having formerly worked in London as an global assets broking from 2006. He holds an MSc in Actuarial science and a BSc in data & Economics from Queen’s college at Kingston, Canada.
Hamadouche joins from Aon Benfield, Dubai, wherein she held the position of client manager for its MENA facultative enterprise. She has wide market revel in having worked as a property underwriter in Europe for a few years.

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