Based in Chicago from January, she will lead the broker's worldwide go-to-market strategy and sales, taking over from Anne Corona, now CEO of North America.
Insurance-linked securities, captives and other alternative capital structures are increasingly important tools for supporting Asia's rising infrastructure risk exposures, the regulator said.
Overall ratings affirmation and stand-alone credit profile upgrade to 'a+' come as the RAA Insurance deal lifts insurer to third in the country's property and casualty market.
The head of the insurer's Pacific business takes charge on 1 November, joining the group executive committee as Sue Houghton prepares to retire at year-end.
Grid constraints, curtailment and congestion were cited as a growing operational concern by 85% of respondents, 23 percentage points ahead of any other risk.
The state-owned insurer plans to strengthen data infrastructure, cybersecurity and digital claims capabilities while expanding direct-to-customer insurance distribution.
The insurer said any settlement would not be expected to have a material impact on its financial position or FY2027 results, based on anticipated recoveries.
