Markel appoints new head in ChinaSeptember 23 2015 by InsuranceAsia News Staff
- February 25
Current CEO Hon Mun Choong will transit to a non-executive director on the Malaysian board.
- February 23
Mark Thompson will be tasked with growing the P&C business in the region.
- August 6
The Singapore-based executive takes over from Danh Duong, who will now focus on operations in Vietnam.
- July 12
Appointment of Prashansa Daga supports the expansion of the specialty player's medical & life sciences offering.
A longer claims process and increased cost were some of the challenges faced by insurers.
Tropical cyclones have always been a significant peril in Asia and a major focus for risk assessment in the region.