The hire adds further momentum to Price Forbes' Asia Pacific buildout, with the broker continuing to invest in specialty and reinsurance talent across the region.
The Shandong government-backed insurer expects its operating results to improve further over the next two years on disciplined underwriting and a conservative investment strategy.
Following weaker bottom-line results in FY2025, the South Korean insurer posted net income growth of KRW635.2bn (US$426.1m) in the first quarter, supported by higher sales.