Reinsurance News

Trust Re

Trust Re hires Yassir Albaharna as Managing Director and CEO

24th May 2021

Trust International Insurance and Reinsurance Company (Trust Re) has appointed Yassir Albaharna as Managing Director and Group Chief Executive Officer. With over 34 years of industry experience, Albaharna was previously Chief Executive Officer of Arab Insurance Group and has served as Vice Chairman of Trust Re since 2019. Trust Re Board Chairman ... Read the full article

Trust Re announces formation of new Executive Committee

17th September 2019

Bahrain domiciled reinsurer, Trust Re has announced the formation of its new Executive Committee, which is part of the firm's strategic commitment to drive growth and value for both clients and shareholders. Regional reinsurer Trust Re's Executive Committee is to be led by Group Chief Executive Officer (CEO), Talal Al Zain. The ... Read the full article

Trust Re committed to the future, parent to inject $130 million in 2019

2nd July 2019

Bahrain domiciled reinsurer Trust Re has reaffirmed its commitment to the marketplace and has revealed that its parent company, Nest Investment Holdings Ltd., is to inject $130 million of replacement funds into the reinsurer in 2019. Trust Re says that the $130 million capital injection from its parent is in light ... Read the full article

Trust Re appoints new CEO to succeed outgoing Fadi Abunahl

23rd April 2019

Trust International Insurance & Reinsurance Company (Trust Re) has announced the appointment of Talal Al Zain as Group Chief Executive Officer (CEO), succeeding Fadi Abunahl. Outgoing CEO, Abunahl, had led the Bahrain-based company for 12 years since 2006, having been with the Group for more than two decades. Abunahl will relocate ... Read the full article

Trust Re adds Senior Treaty Underwriter to Cyprus office

15th January 2018

According to industry reports, reinsurer Trust Re has announced the appointment of Daniel Stanko as Senior Underwriter, Treaty, within its Cyprus office, reporting to the general manager of the Cyprus branch, Sinisa Lovrincevic. 1asig.ro reports that Stanko brings 16 years of insurance and reinsurance industry experience to the Bahrain-based reinsurer, ... Read the full article

Trust Re names Kevin Quek as Labuan branch General Manager

23rd June 2017

Trust Re has announced the appointment of Kevin Quek to General Manager of its Labuan licensed branch office. In his new role Quek will manage the branch's growing team to ensure consistent delivery of services across all of Trust Re's Regional Centres. Thommy Thomas, Labuan Branch CEO welcomed Quek to the team; ... Read the full article