Lockton has obtained a reinsurance licence in Saudi Arabia, allowing the company to deliver specialised risk solutions in the kingdom. The new approval enables the company to provide localised facultative and treaty reinsurance services, while drawing on its wider wholesale and reinsurance platform. The Saudi reinsurance unit will be headed by Mohammed Al Rowais, who has more than 15 years of experience in the local insurance sector. He previously held senior positions at major companies and also serve ...