Koay was head of investment at Etiqa Insurance Singapore and AXA Life Insurance Malaysia, while Yang moves from her role as investment director of quantitative analytics at Aberdeen.
S&P raised Income Insurance’s stand-alone credit profile to ‘a+’ and maintained its stable outlook, citing improved capital clarity and continued government support expectations.
Marcus Thomas, Brett Gardiner, Shawn Anderson, Ben Hissey, and Angelo Maniatis have all taken new leadership roles following Liberty’s recent regional business integration.
The expansion is fueled by several factors, including elevated claims, medical inflation, an ageing population, and ongoing infrastructure investments.