Global reinsurance giant Swiss Re has announced a number of key leadership appointments for the Asia region, bolstering the executive bench to support the reinsurer’s regional expansion.
Anna Lee, who has been with Swiss Re for more than 17 years, has been appointed Head of New Business Development, Property & Casualty (P&C) for Southeast Asia, India, Korea, Hong Kong and Taiwan (SID), effective June 2020.
She will be based in Hong Kong, and will be tasked with driving deal origination and business growth in the region, reporting to Victor Kuk, Swiss Re’s Head of P&C reinsurance, SID.
During her time with Swiss Re, Lee has held numerous senior positions, including Head of P&C Reinsurance for Hong Kong and Taiwan and, most recently, she served as Head of Business Services, Asia (including ANZ).
“Anna has been a tremendous asset to our global team and her longstanding career at Swiss Re over the past 17 years has contributed enormously to our growth across the region. I am confident that her proven track record and deep institutional knowledge will continue to provide strong strategic guidance to the growth of our P&C business in SID,” said Kuk.
At the same time, Simon Herbert has joined the reinsurer as its new Head of Casualty Underwriting for SID, effective May 4th, 2020. He replaces Siew Choi Yau, who has taken on the role of Head of P&C Solutions APAC since January 2020.
Herbert brings 25 years of industry experience to Swiss Re, most recently serving as the Chief Underwriting Officer (CUO) of AmGeneral Insurance.
Additionally, Swiss Re has named Ronnie Tong as Head of P&C Facultative Asia since May 15th, 2020. In this role, Tong leads the facultative underwriting team. He brings a wealth of facultative and specialty underwriting experience to the role, most recently serving as the CUO for Facultative and Specialty at Asia Capital Re Group.
Sharon Ooi, Managing Director, Head P&C Underwriting, Asia, Australia and New Zealand, commented: “Along with our recent key appointments to our senior leadership team, Simon and Ronnie’s addition reflects Swiss Re’s deep management bench strength. Simon’s wealth of industry knowledge across underwriting and reinsurance functions, as well as product development and portfolio and people management, will be a critical growth driver for our Casualty business across the growing region comprising SEA, India, Korea, Taiwan and Hong Kong.
“Ronnie is a highly regarded leader in the non-life insurance industry, with a proven track record in underwriting and strategic management. With his extensive network and technical experience, I am confident that he will be instrumental in enabling our clients and booking partners to seize new opportunities and drive facultative business growth across Asia Pacific.”
The reinsurance giant has also announced that on the Life and Health (L&H) side, Li Hui Lee has been appointed Asia Underwriting Propositions Lead, effective July 1st, 2020. Based in Singapore, she will join Swiss Re’s global Underwriting Propositions Leads to draw on the firm’s broad expertise and global insights to refine client offerings and core services.
She joined Swiss Re’s Regional L&H Solutions team in 2015 and has more than 15 years of experience in business development, product development, and marketing across insurance and healthcare sectors.
Jolee Crosby, Head Global Life & Health Underwriting & Medical Reinsurance, Life & Health Products, commented: “In her five years at Swiss Re, Li Hui has successfully spearheaded, launched and executed numerous first-in-market innovations in multiple markets across Asia. We’re excited to have Li Hui take up the mantle in the region. Li Hui will join counterparts John Turner in EMEA and Nichole Myers in the Americas, who form a strong global team of Underwriting Propositions Leads.
“Their coordination and support further strengthens our ability to help insurers worldwide transform and adapt to the future of underwriting, especially as we tap into new forms of technology, data, distribution and risk selection methodology.”
