Owais Ansari, chief executive officer, Life & Health, Middle East and North Africa, Munich Re

Owais Ansari said,“The Middle East and North Africa offer significant opportunities for life and health (re-)insurance. Munich Re having an established presence in this region is well placed to develop and grow within these markets

Dubai:

Owais Ansari will become chief executive officer, Life & Health, Middle East and North Africa, Munich Re with effect from 1 September 2023.

In this role, he will also be responsible for MR HealthTech and MedNet.

His appointment is subject to regulatory approval.

Owais will be based in Dubai and report to Daniel Cossette, CEO Munich Re Life & Health Asia Pacific Middle East & Africa.

Owais will succeed Frank Mayer who is retiring from his current role.

Owais Ansari brings more than 23 years of experience in Life and Health Insurance and Takaful business. Prior to joining Munich Re, he was deputy chairman in the executive board of FWU AG.

He was with FWU from 2009, having worked in several senior roles spanning chief actuary, COO, Member of the Board of Management and the Executive Board, in Dubai, Luxembourg and Munich.

Owais Ansari said,“The Middle East and North Africa offer significant opportunities for life and health (re-)insurance. Munich Re having an established presence in this region is well placed to develop and grow within these markets. Together with the highly motivated team that awaits me, I will devote all my energy and experience to achieving the optimum solutions for Munich Re’s clients in the region.”

Daniel Cossette, CEO Munich Re Life & Health Asia Pacific Middle East & Africa, said, “Owais will be a great asset to our leadership team. He will further strengthen our successful partnerships with clients in the years to come, as we remain committed to be their valued partners and to growing our presence in the Middle East and African markets.”