Reinsurance News

QBE Re appoints Lian Phua as Head of Credit Reinsurance

29th January 2026 - Author: Beth Musselwhite -

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QBE Re, the reinsurance arm of global insurance group QBE, has announced the appointment of Lian Phua as Head of Credit Reinsurance.

QBE Re logoBased in New York, Phua will report to Salvatore Sama, Executive Director for North America at QBE Re, and work closely with Shane Lawlor, Executive Director and Head of Specialty.

In this newly created role, she will set the strategic direction for QBE Re’s credit portfolio and develop the underwriting strategy for political risk, trade credit, surety, mortgage, and other credit treaty lines globally.

Phua brings two decades of industry experience, specialising in political risk and credit. She joins QBE Re after spending 13 years at AXA XL, where she held various senior roles, most recently as Head of Americas, Global Political Risk, Credit and Commercial Bond.

Prior to that, she served as Credit Risk Analyst, Structured Trade and Political Risk at QBE North America.

Sama said, “Credit Reinsurance is a key targeted area of growth. Our expansion into credit reinsurance will play an important component for QBE Re as we look to further diversify our portfolio and anticipate continued growth in this market in coming years. We are pleased to welcome Lian to this role and are confident her leadership experience and credit underwriting pedigree will be an asset to QBE Re.”