The expansion is expected to support Awbury's growth in Japan's credit and financial risk market while broadening access to locally issued cover for corporates and financial institutions.
The proposed transaction is expected to deepen cooperation between the companies across group medical and general insurance, subject to the satisfaction of multiple closing conditions.
Heibutzki will succeed Tom Wilson as Thailand country manager, while Allianz Re executive Sanghun Park is set to take over the group's general insurance business.
