QBE Re, the reinsurance arm of global insurance group QBE, has appointed Montassar Cherrak as its regional head for the Middle East and North Africa (MENA).
Based in Dubai, Cherrak will report to Houcine Zouaoui and oversee QBE Re’s underwriting strategy in the Middle East and North Africa region.
The appointment is reportedly part of the reinsurer’s wider efforts to expand its regional footprint and enhance its capabilities through local market expertise.
Abdallah Balbeisi, Europe and Growth Markets Director at QBE Re, commented: “We are delighted to welcome Montassar to QBE Re. His outstanding underwriting record, including leading major projects in the Saudi Arabian and Algerian reinsurance markets, makes him a perfect fit for this new role.”
Montassar has nearly 30 years of experience in the financial sector and has been working in reinsurance since 2005.
Prior to joining QBE Re, he served as senior underwriter and relationship manager for Africa and the Middle East at SCOR SE.
