Global reinsurance giant Munich Re has announced the opening of a new representative office in Bangkok, Thailand, underlining its commitment to the region for the long-term.
In line with the opening of its new office, Munich Re has named Lucien Heijstee as Chief Representative for Thailand.
He joins the reinsurer from Thaivivat Insurance Pcl., where he most recently served as Executive Vice President (EVP) for Underwriting and Reinsurance, as well as a member of the board of management. Prior to this, he worked at Munich Re Group in various management roles at Euro-Center (Thailand) Co., Ltd.
Munich Re Asia Pacific, Japan, Korea, India and South East Asia Chief Executive Officer (CEO), Roland Eckl, said: “We see Thailand as a strategic growth market in South East Asia, where we have made a long term commitment to our clients. This new milestone will enable us to enhance our existing relationships with local and international insurers and develop new partnerships here in 2019 and beyond.”
“With his long standing experience and deep knowledge of the Thai market, Lucien is well positioned to understand our clients’ needs. He will connect them to the broad range of global capabilities we offer across traditional reinsurance, capital management solutions, data analytics and cyber protection services.”
