The world's second-largest reinsurer is strengthening the leadership of its Life & Health and Property & Casualty business lines in Asia Pacific, as it aims to capture growth opportunities in the region.
Global reinsurer Swiss Re has made three key appointments in Asia Pacific: Yau Siew Choi, head of P&C Solutions, APAC; Reuben Ng, head of Broker Business Development, Asia; and Jolene Loh, director, head of Life & Health Client Markets, Southeast Asia.
The firm said the appointments «further underscores [Swiss Re's] focus and commitment to this high-growth region,» in a statement on Wednesday.
Head of Casualty Underwriting Promoted
In her new role as head of P&C Solutions that began in January, Yau focuses on driving the delivery of property and casualty solutions across the region, with a focus on building strong client partnerships, the announcement said.
Yau has over 16 years of senior leadership experience in the insurance industry, including underwriting, product and pricing development, project management, and corporate strategy at firms including Axa, AIG and Allianz. She joined Swiss Re in 2017, and was most recently its head of Casualty Underwriting.
Appointment to Build Partnerships
Reuben Ng, Head of Broker Business Development, Asia
As head of Broker Business Development, Asia, Ng (pictured above), based in Singapore, will lead the development of new opportunities and drive business growth with key brokers, and lead a cross-functional team to build partnerships that will lead to new revenue streams in the region.
Ng was previously Swiss Re's vice president, Client Strategy & Solutions, Asia, and has more than 12 years of regional experience across retail non-life and commercial P&C insurance.
Industry Veteran Joins
Jolene Loh, director, head of Life & Health Client Markets, Southeast Asia
Loh (pictured above), who brings more than 25 years of experience in the re/insurance industry, will lead Swiss Re’s Life & Health (L&H) in-market solutions and client servicing teams in Southeast Asia. She joined from Pacific Life Re, where she was business development lead.
«The rapid rise of a tech-savvy, middle-class segment fueling demand for life and health insurance presents new growth opportunities for us in Southeast Asia,» Marianne Gilchrist, managing director and head of Globals and Life & Health South Asia, said about the appointment.
She added that Loh will «play an instrumental role in leveraging [Swiss Re's] digital strategy to accelerate our penetration and close the protection gap in these high-growth frontier markets.»
