Multi-line reinsurer and Qatar Reinsurance has appointed William Malloy to succeed Sunil Talwar as Independent Non-executive Chairman.
Malloy is expected to join the Board in September 2021 subject to regulatory approval.
He brings with him 26 years of leadership experience in the insurance industry, spending more than 10 years with AIG serving various executive positions in the US and Europe.
He subsequently served as CEO for Marsh UK and Europe and became Marsh’s Global President.
More recently, he was a partner at investment firm Aquiline Capital Partners LLC, where he served in multiple Chairman and CEO roles, including Non-executive Chairman of Ark Syndicate Holdings.
“The team at Qatar Re are experts in what they do, taking innovative approaches to their risk and analytical capabilities,” said Malloy.
“It’s a testament to the team’s skill and dedication that they maintain excellent, long-standing relationships with their clients and partners. I am looking forward to working with Michael and the rest of the Board and contributing to Qatar Re’s continued growth and success.”
Michael van der Straaten, CEO of QIC Global, added, “We are delighted to welcome William to our board, he is an eminent professional and has outstanding leadership experience combined with a deep understanding of the industry.
“His expertise and market insight will be a major asset to our organisation and his addition will help ensure that Qatar Re continues to be a stable and profitable business.”
“On behalf of all of us here at Qatar Re, I would like to wish Sunil a happy retirement and thank him for his excellent work and continuous support over the past few years.”
