Qatar Reinsurance Company has appointed William Malloy as independent non-executive chairman following the retirement of Sunil Talwar. As a subsidiary of Qatar Insurance Company Global (QIC Global), Qatar Re is a global multi-line reinsurer specialising in property and casualty. Malloy is expected to join the board in September 2021, subject to regulatory approval. He previously served as partner at Aquiline Capital Partners in several chairman and CEO roles, including non-executive chairman of Ark Syndicate Holdings and president of Acrisure Ventures. Before this, Malloy also spent over 10 years at AIG in multiple executive positions based in the US and Europe. Michael van der Straaten, CEO of QIC Global, comments: “[William Molloy’s] expertise and market insight will be a major asset to our organisation and his addition will help ensure that Qatar Re continues to be a stable and profitable business.” Malloy adds: “I am looking forward to working with Michael and the rest of the Board and contributing to Qatar Re’s continued growth and success.”
