Tan and Hsieh will lead commercial strategy for Southeast Asia and North Asia, respectively, while Muganza takes on an APAC growth strategy and sales enablement role.
Insured losses from the event were estimated at US$300m, as global economic losses reached US$37bn, 43% below the 21st-century average and the lowest since 2015.
Softer conditions, strong M&A activity, and improved market infrastructure should drive renewed deal momentum following a 2024-2025 slowdown, according to the broker.