Brokerage: WTW secures reinsurance license to operate in Saudi Arabia

WTW has been granted approval by the Saudi Arabian Insurance Authority (IA) to conduct reinsurance brokerage business in the Kingdom.

Mohammed Alsudairy has been appointed Head of Reinsurance Broking for WTW Saudi Arabia. Prior to his recent appointment, Mr. Alsudairy was Deputy CEO of Chedid Re KSA, a member of the Lebanese group Chedid Capital Holding.

As a reminder, the IA also granted WTW approval to operate as a direct insurance broker in Saudi Arabia in October 2024.