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QBE Re appoints Montassar Cherrak as Regional Head of Middle East & North Africa

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).

Montassar brings almost 30 years’ experience in the financial sector and has worked in reinsurance since 2005. He joins from SCOR SE, where he was Senior Underwriter and Client Relationship Manager for the Africa & Middle East region. 

In this newly created role, Montassar will lead QBE Re’s underwriting strategy across the Middle East and North Africa, as the reinsurer looks to further develop its presence in the region with local expertise. 

Based in Dubai, Montassar will report directly to Houcine Zouaoui, Head of Middle East & Africa (MEA) for QBE Re. 

Abdallah Balbeisi, Director of Europe & Growth Markets, QBE Re said: "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 Cherrak, Regional Head of Middle East & North Africa, QBE Re

Montassar Cherrak, Regional Head of Middle East & North Africa, QBE Re