South African insurer Santam has announced the appointment of Steve Murphy to Head of Santam Reinsurance, with effect from 1st April 2018.
Murphy joined Santam Re on 1st July 2011 as the firm’s representative in South East Asia, he worked to establish and develop Santam Re’s activities and business in China, Korea and South East Asia, during which time the region became a key contributor to the company’s premiums and earnings.
John Melville, Santam’s Executive Head of Risk Services, said: “Steve has a long and distinguished track record in reinsurance, including 18 years as the Chief Executive of Hannover Reinsurance South Africa. In this period, he transformed that business from the second smallest in South Africa to one of the larger reinsurers on the African continent.
“Steve has a passion for people and leadership. While he lived in South East Asia, he was also extensively involved in the transfer of insurance skills, leadership, strategic thinking, negotiation and change management. His team will take the business to the next level in the coming years.”
Santam Re was formed in 2010 as a wholly-owned subsidiary of Santam, the business underwrites proportional and non-proportional reinsurance treaties for property and casualty reinsurance lines with market representation in Africa and Asia.
