Nearly half of the jurisdictions reviewed now impose revenue-linked cyber penalties, while mandatory breach-reporting requirements are in place across all but one market.
The Singapore-based executive brings more than 14 years of underwriting and management experience across the energy and chemicals sectors to the expanded role.
The leadership change follows Markel's broader Asia-Pacific expansion strategy, including ambitions to nearly double its regional business over the next five years.
Better underwriting in key segments and favourable reserve development have given the Indian export credit insurer strong technical earnings, though geopolitical risks remain.
