Business

MS Amlin enters agriculture reinsurance market

The launch comes as part of the firm’s wider global diversification strategy, with Rinat Bektleuov leading the new offering

MS Amlin has announced its entry into the agriculture reinsurance market with the hire of Rinat Bektleuov as product group lead underwriter.

Bektleuov joined the business in August 2021 and reports directly to Charles Goldie, chief underwriting officer.

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 the firm’s wider global diversification strategy, with Bektleuov leading the new offering.

Goldie said: “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.”

He added: “I look forward to working closely with Rinat as we utilise 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.”

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