LONDON, April 23, 2014 /PRNewswire/ -- XL Group's
reinsurance segment has today announced the establishment of new
operations in Dubai, UAE, to serve
the MENA market and act as a regional hub for the business.
Further, XL Group has announced the appointments of Mohamad Alali as Senior Executive Officer and
Imen Hamadouche as a Property
Facultative Underwriter, both based in its new reinsurance office
in Dubai.
Commenting David Watson, 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 Mohamed Alali, 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, Imen Hamadouche 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 Dubai having previously worked in London 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 Kingston, Canada.
Ms. Hamadouche joins from Aon
Benfield, Dubai, 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 Europe for
some years.
About XL Group plc's Reinsurance Operations
XL Group plc's reinsurance companies are among the world's
leading reinsurers. They offer products that include
aerospace, property, casualty, marine and specialty. The world's
top insurers choose XL to help move their businesses forward. To
learn more, visit xlgroup.com/reinsurance.
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 xlgroup.com
XL Group is the global brand used by XL Group plc's insurance
and reinsurance subsidiaries.