Saudi Reinsurance Company has announced the appointment of Dr Peter Hugger and Marc Maupoux to its board of directors for a three-year term.
Hugger was formerly the Chief Executive Officer of Echo Re, Zurich, from 2012-2018 and assumed executive and technical roles in companies such as ACR, Singapore; MSG System, and Gerling Global Re, Zurich.
Maupoux previously served in the role of Senior Vice President, Head of Property Non-Cat Property & Engineering Worldwide for Axis Re Europe, Zurich, from 2003 to 2016. He began his reinsurance career with Hannover Re.
Commenting on the two appointments, Fahad Al-Hesni, Managing Director and CEO, Saudi Re, said, “We are very pleased to welcome Dr. Peter Hugger and Mr. Marc Maupoux to the Board.
“They both have long and successful track records, and have extensive experience in the international reinsurance markets.
“Saudi Re enjoys a well-diversified Board of Directors, and we are confident that the new members’ strategic and technical perspectives will be of significance to the Board in leading Saudi Re towards new successes and creating value for our shareholders.”
