Global reinsurer MS Amlin AG (MS AAG) has entered the agricultural reinsurance market with the appointment of Rinat Bektleuov as the leading underwriter for the product group.
The agricultural reinsurance offering will be available globally and coverage includes five main products: crop insurance, livestock insurance, aquaculture insurance, forestry and weather index products.
The launch comes as part of MS AAG’s broader global diversification strategy, with Bektleuov leading the new offering. Based on Zurich, Bektleuov reports directly to Charles Goldie, MS AAG’s chief underwriter, and joined MS AAG from PartnerRe, where he specialized in agricultural reinsurance for nearly 20 years in business.
“The launch of the new agricultural reinsurance offering is an important milestone for MS AAG that demonstrates progress and commitment to our diversification and growth strategy,” said Goldie. “Operating together with our sister company, MS Amlin Underwriting Limited, I am confident that our entry into the agricultural market will provide customers with additional excellent reinsurance solutions and further strengthen MS Amlin’s overall agricultural portfolio.
Goldie added that he looked forward to “working closely with Rinat as we draw on his deep industry experience and expertise in developing global business lines, while continuing to focus on executing our business strategy, building a full-service, global reinsurance business and diversified to serve the growing needs of our customers. “