Qatar Reinsurance Company, the global multi-line reinsurer and a subsidiary of QIC Global, has named Dimitris Papachristou as CEO of its Gibraltar companies.
Reporting to Michael van der Straaten, CEO at QIC Global, Papachristou succeeds Mark Cockcroft, who is stepping down from the role and leaving the business.
Papachristou will oversee operations of the Gibraltar subsidiaries of Qatar Re including Zenith Insurance, Markerstudy Insurance Company, and St Julians Insurance Company.
He brings with him more than 24 years of experience in the industry, joining from his most recent role as chief actuary (research) at the Prudential Regulation Authority for the Bank of England.
Prior to that, Papachristou was an actuary at Aon, where he focused on reinsurance structuring and analysis.
Van der Straaten said: “We are very pleased to have Dimitris Papachristou join us as CEO of Qatar Re’s Gibraltar companies. He is a consummate professional and an industry leader with broad experience, a background in actuarial excellence and market-leading economic analysis.”
He continued: “I look forward to working alongside him as we continue to move forward with the strategic vision for our group and further strengthen our Gibraltarian operations.”
“I would also like to thank Mark Cockcroft, who has been a valuable member of Qatar Re for many years and has had a pivotal role in aligning our Gibraltar companies to the wider group. We wish him every success in all his future endeavours,” he added.
In November, Mark Graham was named as CEO of Antares Managing Agency, a company of QIC Global, the international speciality insurance and reinsurance subsidiary of Qatar Insurance Group (QIC).