April 23, 2014
/PRNewswire/ -- XL Group's reinsurance segment has today announced the establishment of new operations in
, UAE, to serve the MENA market and act as a regional hub for the business.
Further, XL Group has announced the appointments of
as Senior Executive Officer and
as a Property Facultative Underwriter, both based in its new reinsurance office in
, CEO of XL Re Europe SE, said: "There remains a strong reinsurance purchasing culture among local cedents with large property, industrial and energy exposures in the MENA region as well as growing opportunities in the Casualty and Specialty sectors. What these clients want is a local presence and knowledge supported by global expertise and security, and that is exactly what we plan to deliver."
Mr. Watson continued: "We have appointed
, who has solid experience in the international reinsurance market, to build our local Treaty and Facultative underwriting team and manage the operation. Our second hire,
is a great addition to this team; she has significant experience in property and energy facultative lines across markets."
Mr. Alali joins XL Group from Willis in
having previously worked in
as an international property broker from 2006. He holds an MSc in Actuarial Science and a BSc in Statistics & Economics from Queen's University at
Ms. Hamadouche joins from
, where she held the position of Client Manager for its MENA facultative business. She has broad market experience having worked as a property underwriter in
for some years.
About XL Group plc's Reinsurance Operations
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About XL Group plc
XL Group plc (NYSE:XL), through its subsidiaries, is a global insurance and reinsurance company providing property, casualty and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises throughout the world. XL is the company clients look to for answers to their most complex risks and to help move their world forward. To learn more, visit
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SOURCE XL Group