QIC Global, the specialty insurance and reinsurance subsidiary of Qatar Insurance Group, announced the appointment of Michael van der Straaten, as CEO of QIC Global (International), effective March 1, 2020.
van der Straaten will remain CEO of Qatar Re. Joe Battle, CEO of Antares, QIC Global’s Lloyd’s specialist insurance and reinsurance entity, will report to van der Straaten.
van der Straaten has over 35 years’ experience in the insurance industry and has been CEO of Qatar Re since January 2019. Throughout the course of his career, he has held a series of senior roles at Canopius Group, Chubb and QIC Europe. van der Straaten first joined the Lloyd’s market in 1984 and has since specialized in property treaty and other specialty lines.
“Qatar Re and Antares are both poised for long-term growth, with an established operational platform in QIC Global and the firm financial backing of QIC Group,” said Sunil Talwar, QIC global chairman. “Mike has overseen the transformation of Qatar Re into a global multi-line reinsurer with a sustainable, profitable portfolio of business and we are very pleased he will be leading QIC Global into the next phase of its expansion.”
QIC Global comprises the international operations of Qatar Insurance Group, including the Qatar Re and Antares brands. QIC Global is owned by Qatar Insurance Co. (QIC), which is the market leader in Qatar and a dominant insurer in the member countries of the Gulf Cooperation Council (GCC) and in the countries in the Middle East and North Africa (MENA) region.
Source: QIC Global
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