Liberty Mutual Re, the reinsurance arm of Liberty Mutual Insurance Group, has opened a new office in Singapore and appointed Annie Leong as regional underwriter manager in Asia Pacific.
The reinsurer will be operating with a full treaty license as part of the LSM Asia Pacific office in Singapore and will have local underwriting authority.
Leong joins with immediate effect and will report locally into Matthew Jackson, senior vice president & Asia leader and Peter Smith, executive underwriting officer at Liberty Specialty Markets in London.
She will focus on building the franchise locally and be central to Liberty’s wider Asia Pacific portfolio.
Leong previously served as a senior underwriter at Aspen Re, focusing on specialty lines for the Asia Pacific region.
“As LM Re continues to build out its global underwriting platform, we have taken the decision to establish a formal presence in Singapore to better serve and support our broker partners and clients across Asia Pacific and focus on developing emerging market opportunities across the region,” said Dieter Winkel, president of Liberty Mutual Re
“For many years, we have participated in this market as a treaty reinsurer of Property, Casualty and Specialty lines.
“The portfolio has been driven by the underwriting teams in our existing offices and platforms across the UK and Europe.
“This is the right time to establish ourselves locally in the region and I am looking forward to working with Annie who brings a wealth of experience in Property, Specialty and Casualty treaty reinsurance lines across Asia Pacific.”