QBE Re, the reinsurance division of global insurance group QBE, has appointed Montassar Cherrak as its Regional Head of Middle East and North Africa (MENA).
Based in Dubai, Cherrak will report to Houcine Zouaoui and will oversee QBE Re’s underwriting strategy across the MENA region.
The appointment reportedly forms part of the reinsurer’s broader efforts to expand its regional footprint and strengthen its capabilities through local market expertise.
Abdallah Balbeisi, Director of Europe & Growth Markets, QBE Re, commented, “We’re excited to welcome Montassar to QBE Re. His strong underwriting track record, including leading major programmes in the Saudi Arabian and Algerian reinsurance markets, makes him an excellent fit for this new role.”
Montassar holds nearly 30 years of experience in the financial sector and has worked in reinsurance since 2005.
He joins QBE Re from SCOR SE, where he was Senior Underwriter and Client Relationship Manager for the Africa & Middle East region.
