Premium pressure in Australia Pacific contrasted with double-digit growth in QBE's International division, although lower catastrophe losses helped keep underwriting margins stable.
The Bangkok-based director joins from Allianz Ayudhya, where he ran the insurer's international private medical portfolio across individual, SME, and large corporate business.
Pecuniary loss, a class dominated by mortgage guarantee business, delivered around 63% of the onshore market's undiscounted underwriting result, while offshore ships premiums rebounded amid war-risk r...