MS Amlin AG is expanding into the agriculture reinsurance market, including parametric products, with the hire of Rinat Bektleuov as product group lead underwriter.
Bektleuov joined the business in August 2021 from PartnerRe and reports directly to Charles Goldie, Chief Underwriting Officer (CUO).
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.
The launch comes as part of MS Amlin’s wider global diversification strategy, with Bektleuov leading the new offering.
At PartnerRe he specialised in agriculture (re)insurance over the course of almost 20 years at the business. For the past five years, he was head of Agriculture Worldwide and was responsible for developing and leading agriculture business lines, managing multiple global teams.
Bektleuov is based in Zurich.
Charles Goldie commented: “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.
“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.”