Qubit has appointed Peter Xia as Chief Actuary, Reinsurance, the speciality MGA announced in a company statement on LinkedIn on Thursday.
Xia joins Qubit from Arbol, where he was serving as Chief Pricing Actuary. He brings over twenty years of experience to the Hong Kong-headquartered business, having served in roles at Guy Carpenter, Ironshore Insurance, and Chubb.
“Peter brings extensive expertise in actuarial science and risk management to our team,” Qubit said in its announcement.
“His 20+ year career spans insurance, reinsurance, and InsurTech, where he has demonstrated excellence in financial modelling, pricing, and enterprise risk management. His analytical skills and strategic insights will be invaluable as Qubit continues to solidify our position as the underwriter of choice for specialty risks.”
Helen Ye, Qubit’s CEO, commented on the key hire, “I am very pleased to welcome Peter as our new Chief Actuary, Reinsurance. His 20+ years of valuable industry experience and broad expertise in all aspects of analytics makes him a great addition to our team.”