Reinsurer Swiss Re has appointed Balasubramanian Nagarajan as Head of Client Markets Property & Casualty.
Nagaraja will also assume the position of Head of Swiss Re Asia’s Malaysia Branch, succeeding Marcel Omar Papp, who has been in the role for the last three years.
In his new role, Nagaraja will aim to strengthen Swiss Re’s insurance relationships for the P&C business across the region.
He holds extensive experience in the insurance sector, most recently as Head P&C Business Management SID, where he oversaw claims processing in Property and Engineering, Liability and non-life accident claims.
Victor Kuk, Head P&C Reinsurance SID commented: “As the pandemic, climate change and other factors continue to propose heightened risk and volatility, the need for new and different insurance solutions are on the rise.
“We are pleased to have Bala drive our robust P&C business, and with his 25-year track record across re/insurance in South East Asia, Hong Kong, Taiwan, Korea and India, having managed significant claims related to property, financial lines and catastrophes, the knowledge he will bring to our Malaysia business will be invaluable.”