Swiss Re appoints new market executive for MEA region

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Beat Strebel has been appointed as market executive for the Middle East and Africa (MEA) with effect from 1 March 2019, subject to regulatory approval. The current Head of Property & Casualty (P&C) Facultative Europe, Middle East & Africa (EMEA) will be based in Cape Town and will remain a member of Swiss Re’s EMEA management team. Strebel will be responsible for both the P&C and Life & Health reinsurance business in the region.

He succeeds Tava Madzinga, who took over the role of CEO of UK & Ireland at Swiss Re on 1 January 2019.

Strebel brings 30 years’ industry knowledge and experience to bear in what Swiss Re considers to be a strategically important high-growth region. He has strong emerging markets experience, having previously been CEO of Swiss Re’s businesses in Venezuela and Argentina. He was also regional head of the Central and Eastern European markets.

Over the past 15 years, he has held a number of combined L&H and P&C regional leadership roles in Europe and the Americas as Swiss Re.

He has an MBA from the University of St Gallen and has completed postgraduate studies for senior executive courses at the Universidad Austral in Argentina.

Russell Higginbotham, CEO of Reinsurance EMEA, said: “I am very pleased to have Beat as the leader of our Middle East & Africa reinsurance business. He has an excellent track record of building strong client relationships and successful businesses in both developing and developed markets. His appointment is evidence of our commitment and ambition for this important region.”