Victorio Villa, former Regional Head of Property, Asia, at Allianz, has joined MSIG Asia as Senior Vice President and Head of Technical Services.
According to the announcement, in his new role, Villar has been tasked to deliver technical excellence across Underwriting, Reinsurance and Claims to secure continuous profitable growth for the leading general insurer in the ASEAN region.
Based in the Singapore management office, Villar’s remit covers 13 countries and 15 MSIG business units in all 10 ASEAN countries, as well as Hong Kong and Oceania.
Villar has more than four decades of Asia Pacific & MENA experience for underwriting of complex Property risks and building large profitable portfolios in the challenging markets of Asia.
Prior to joining MSIG Asia, he spent over 26 years at Allianz Global Corporate & Specialty (AGCS) as Regional Head of Property, Asia. In November 2022 it was announced that Nick Wood was to took over Villar’s role in Allianz.
Villar commented: “In today’s challenging and dynamic environment, it has never been more essential for insurers to build a resilient underwriting framework to mitigate volatility and create real value to all stakeholders.
“The road ahead will be exciting and I look forward to working closely with all MSIG colleagues across all countries and all functions, including Business Development & Digital, to deliver sustainable profitable growth.”
MA Chief Executive Officer, Clemens Philippi, said: “We are very excited that Victorio has decided to join us. With his technical expertise, long-term experience and wide connections he is a great fit to enhance our value proposition.
“As we gain momentum and seek new areas of growth, Victorio’s in-depth knowledge for underwriting, reinsurance and risk engineering will make a huge difference to our operations.”
