Swiss Re has announced the establishment of a new property and casualty underwriting hub for the Asia Pacific region.
The new unit will be formed within the reinsurance business unit and will be led by Sharon Ooi who will become head of P&C underwriting for Asia, Australia, and New Zealand.
In the newly created role, Ooi will bring together the expertise of Swiss Re’s underwriting teams, including facultative business, to benefit customers as the hub will handle a range of property and casualty underwriting.
“The new hub combines our global knowledge with even deeper insights into local markets and industry needs, to benefit our clients as they continue to grow their businesses across Asia Pacific,” Jayne Plunkett, Swiss Re CEO Asia, said of the move.
Previously, Ooi was head of client markets for the Swiss Re P&C reinsurance business in Southeast Asia, Korea, Hong Kong and Taiwan having joined Swiss Re in 2006 as head of property and engineering treaty for Southeast Asia and India.
Both appointments will be effective from 1 July.
Ooi will be based in Singapore, whilst Kuk will be based in Hong Kong.
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