Nicole Oversier has joined as Regional Director for Transaction Solutions, Asia, while Yuwaree Saensuk and Arisara Leekitratanapisan take up managerial roles.
Floods and earthquakes dominated Asia’s catastrophe losses in 2025, underscoring challenges linked to urbanisation, exposure growth and risk assessment, according to Swiss Re.
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.
Building on record VNB growth in 2025, the insurer sustained its momentum into the first quarter of 2026, supported by strong growth in new business volumes.
Asia is expected to drive 54% of the global rise in business insolvencies in 2026–2027, with the company forecasting APAC cases up 7% this year and 3% next year.