QBE Re has appointed Mohamed El Sabri as Head of Life Reinsurance for Middle East and North Africa (MENA).
Subject to regulatory approval, he joins the office in Dubai and will be responsible for developing and managing the life reinsurance portfolio in the region. In his new role, he reports to Abdallah Balbeisi, Senior Executive Officer, Head of MEA.
The newly created role marks an expansion of QBE Re’s offering in the region to focus on growing opportunities in the MENA life reinsurance market.
Mohamed has more than 14 years of life & medical reinsurance experience in the Middle East, most recently as Senior Business Development Manager for Munich Re in Dubai. Prior to that, he served as a Senior Market Manager at SCOR SE in Germany. He holds an MBA in Actuarial Sciences and FCII.
Abdallah Balbeisi, Senior Executive Officer, Head of MEA said: “As QBE Re continues to expand its reinsurance activities globally, Mohamed’s technical expertise, coupled with his detailed knowledge of the MENA region’s business environment, will widen our product offering to our partners. Mohamed’s appointment to this new role is a significant step in our growth strategy and commitment in the region. I am delighted to welcome him aboard.”
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For further information contact:
Sandra Villanueva, Corporate Communications, QBE, 020 7105 5284, Sandra.Villanueva@uk.qbe.com
Alexis Burris, Corporate Communications, QBE, 020 3465 3921, Alexis.Burris@uk.qbe.com
About QBE
QBE helps businesses build resilience through risk management and insurance.
QBE European Operations is part of QBE Insurance Group, one of the world’s leading international insurers and reinsurers and Standard & Poor’s A+ rated. Listed on the Australian Securities Exchange, QBE’s gross written premium for the year ended 31 December 2020 was US$14.7 billion.
As a business insurance specialist, QBE European Operations offers a range of insurance products from the standard suite of property, casualty and motor to the specialist financial lines, marine and energy. All are tailored to the individual needs of our small, medium and large client base.
We understand the crucial role that effective risk management plays in all organisations and work hard to understand our clients’ businesses so that we offer insurance solutions that meet their needs – from complex programmes to simpler e-trading solutions – and support them in minimising their risk exposures. Our expert risk management and rehabilitation practitioners focus on helping clients improve their risk management so that they may benefit from a reduction in claims frequency and costs.