MS Amlin AG forays into new market with strategic hire from PartnerRe
Global reinsurer MS Amlin AG has entered into the agriculture reinsurance market with a senior hire from PartnerRe. The move is a part of its wider global diversification and growth strategy.
Rinat Bektleuov joins as product group lead underwriter, reporting directly to chief underwriting officer (CUO) Charles Goldie.
The agriculture reinsurance offering will be available globally and coverage includes five core products: crop insurance, livestock insurance, aquacultural insurance, forestry and weather index products.
Bektleuov joins from PartnerRe, where he specialised in agriculture re/insurance over the course of almost 20 years at the business. For the past five years, he held the position of head agriculture worldwide and was responsible for developing and leading agriculture business lines, managing multiple global teams. Bektleuov is based in Zurich.
Goldie said: “The launch of the new agriculture reinsurance offering is an important milestone for MS AAG which demonstrates progress in, and commitment to, our diversification and growth strategy. Operating alongside our sister company, MS Amlin Underwriting Limited, I am confident that our entry to the agriculture market will provide clients with excellent additional reinsurance solutions, and further strengthen MS Amlin’s overall agriculture portfolio.”
He added: “I look forward to working closely with Rinat as we utilize his deep sector expertise and experience developing global business lines, as we continue to focus on executing our business strategy, building a global, full-service and diversified reinsurance business to serve our clients’ growing needs.”
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