Life reinsurer Pacific Life Re has announced several new appointments to its operation in Korea.
Phil Hay has joined Pacific Life Re as the new Head of Korea in Seoul reporting to Andrew Gill, the Managing Director, Asia and Australia.
Hay, who has over 25 years’ experience in the life insurance industry, commented, “I am extremely excited to be joining Pacific Life Re, Korea.
“It is a privilege to join an organisation with such strong values and vision, and I look forward to working with the team to realise its aspirations for the Korean market.”
Commenting on Hay’s appointment, Gill added, “I am very excited to have Phil join the Pacific Life Re team. I have known Phil for over a decade and have always found him to be an exceptional leader with the ability to develop and implement successful strategies as well as build great company cultures.
“I am looking forward to working with Phil to achieve the significant aspirations we have for the Korean market and across Asia in general as we aim to meet our vision of building financial resilience by making life, accident and health insurance more accessible and affordable for all.”
In addition, Pacific Life Re has announced that Lim Jun Hong has joined as Director, Business Proposition & Pricing and Ed Yeun as Director, Risk and Business.
Jun Hong and Yeun will relocate from the Singapore and Sydney offices respectively to Seoul.
Both will support hay and the legal representative for Pacific Life Re’s Korea branch, Taek Jung Kim, to ensure the company continues on the success of the Korea business to date.
