Antares Reinsurance Company Limited (“Qatar Re”), the global multi-line reinsurer and subsidiary of QIC Global, today announces the appointment of Dimitris Papachristou as CEO of its Gibraltar companies, effective 23 November 2020. Confirmation of Papachristou’s appointment is subject to regulatory approval. Papachristou will report to Michael van der Straaten, CEO at Antares. He succeeds Mark Cockcroft, who is stepping down from the role and will be leaving the business.

Papachristou will oversee operations of the Gibraltar subsidiaries of Antares Re: West Bay Insurance Plc, Markerstudy Insurance Company Limited, and St Julians Insurance Company Limited.

Papachristou brings with him over 24 years’ experience in the industry, joining from his most recent role as chief actuary (research) at the Bank of England. Prior to that, Papachristou was an actuary at Aon, where he focused on reinsurance structuring and analysis. He began his career as a lecturer at the University of Southampton

van der Straaten said:

We are very pleased to have Dimitris join us as CEO of Antares Re’s Gibraltar companies. He is a consummate professional and an industry leader with broad experience, a background in actuarial excellence and market-leading economic analysis. I look forward to working alongside him as we continue to move forward with the strategic vision for our Group and further strengthen our Gibraltarian operations.

“I would also like to thank Mark, who has been a valuable member of Antares Re for many years and has had a pivotal role in aligning our Gibraltar companies to the wider group. We wish him every success in all his future endeavours.”