TRUST Re appoints Senior Treaty Underwriter to its Cyprus Branch Office

TRUST Re announced the appointment of Daniel STANKO as Senior Underwriter - Treaty for its Cyprus Branch Office. He will be reporting to Sinisa LOVRINCEVIC, Cyprus Branch General Manager.

"We are very pleased to welcome Daniel on board; he brings with him a wealth of experience and we are confident that he will add value to the TRUST Re team and to our business partners, especially those in CEE, SEE, Russia and CIS serviced by the Cyprus Branch Office", said Sinisa LOVRINCEVIC.

Daniel STANKO will be leading the Underwriting team responsible for Treaty risks emanating from Central and Eastern Europe (CEE), South Eastern Europe (SEE), Russia and the Commonwealth of Independent States (CIS) countries.

"Daniel's role is a key part of the growing and experienced team in Cyprus Branch Office, tasked with ensuring consistent delivery of services across all TRUST Re's Regional Centres and achievement of strategic goals in compliance with regulatory and company standards", as the reinsurer pointed out in a statement.

A Slovenian national, Daniel STANKO has 16 years' experience in the field of insurance and reinsurance. He began his career with SAVA Insurance Company (ex. MARIBOR) in 2002 before moving to TRIGLAV Re in 2009 where he held the position of Client Manager & Senior Underwriter (International Inward Department) for the 4 years immediately prior to his appointment with TRUST Re.

Daniel STANKO has worked across several markets including Germany, CEE, SEE, Russia, CIS, Greece, Turkey, MENA, Asia-Pacific and America. In addition to being mother tongue Slovenian, he is a talented linguist proficient in English, Croatian and Serbian as well as having knowledge of French and German.

TRUST Re is a reinsurance company based in the Kingdom of Bahrain with branches in Malaysia and Cyprus, as well as a representative office in Morocco and a Liaison Office in India.

With authorised capital of USD 500 million and issued and paid up capital of USD 250 million, TRUST Re earned its recognition as a solid and reliable security through its long-term professional commitment to the Insurance & Reinsurance Industry. It is classified as a highly reliable security (S&P: A- and A.M. Best: A-), and writes both life and non-life business on a Facultative & Treaty basis with a wide scope of geographical operation that includes: Africa, Asia, Russia, CIS countries and the Middle East and North Africa (MENA) Region. TRUST Re has a fully-owned subsidiary, Afro-Asian Assistance, which provides Travel Assistance and Personal Accident products.

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