Lockton Obtains Reinsurance License in Saudi Arabia
Lockton, the world's largest privately held insurance brokerage, has obtained a reinsurance license in Saudi Arabia, marking its expansion into the region. The company has appointed Mohammed Al Rowais as CEO of its reinsurance business in Riyadh, leveraging his local market expertise to develop tailored insurance solutions. This move aligns with Lockton's global strategy to provide localized reinsurance services.
Topics: CEO Appointment Corporate Expansion Lockton Reinsurance Saudi Arabia