Fewer large catastrophe losses and a narrowing underwriting loss at the US subsidiary lifted the Japanese reinsurer's bottom line for a second straight year.
Commercial lines and higher sums insured are supporting premium growth, while conservative asset allocation is helping insurers absorb equity-market volatility.
The former SCOR chief keeps global charge of Capital and Advisory while taking on Latin America and the Caribbean alongside the Asia-Pacific businesses.
The DFS review also called for stronger performance monitoring, wider digital adoption and improved customer grievance handling across the state-owned insurers.
The Kuala Lumpur-based hire joins the insurer's consumer distribution team from Zurich, where he spent more than four years leading partnerships in Malaysia.
The insurer's sale is drawing attention to South Korea's new K-ICS capital regime, which is expected to shape the scale of any required capital injection.
The agreement extends a seven-year collaboration combining underwriting capacity, climate analytics and data-driven risk modelling to support faster payouts for corporate and public-sector clients.
