Victorio Villar joins MSIG Asia as Head of Technical Services overseeing Underwriting, Reinsurance and Claims

SINGAPORE – Media OutReach – 3 January 2023 – MSIG Asia as we speak proclaims the appointment of Victorio Villar as Senior Vice President and Head of Technical Companies. Villar is tasked to ship technical excellence throughout Underwriting, Reinsurance and Claims to safe steady worthwhile progress for the main basic insurer within the ASEAN area.

Primarily based within the Singapore administration workplace, Villar’s remit covers 13 international locations and 15 MSIG enterprise items in all 10 ASEAN international locations, in addition to Hong Kong and Oceania.

Villar brings with him over 4 a long time of Asia Pacific & MENA expertise for underwriting of advanced Property dangers and constructing giant worthwhile portfolios within the difficult markets of Asia. As a chemical engineer by coaching, Villar is recognised in Singapore and throughout the area as one of many main material specialists.

MSIG Asia’s Chief Govt Officer, Clemens Philippi, expresses: “We’re very excited that Victorio has determined to affix us. Together with his technical experience, long-term expertise and extensive connections he is a good match to reinforce our worth proposition. As we achieve momentum and search new areas of progress, Victorio’s in-depth information for underwriting, reinsurance and danger engineering will make an enormous distinction to our operations.”

Within the weeks to return, Villar might be actively concerned within the enterprise, participating together with his friends within the regional administration workplace and throughout the markets. He says: “In as we speak’s difficult and dynamic atmosphere, it has by no means been extra important for insurers to construct a resilient underwriting framework to mitigate volatility and create actual worth to all stakeholders. The street forward might be thrilling and I sit up for working carefully with all MSIG colleagues throughout all international locations and all features, together with Enterprise Growth & Digital, to ship sustainable worthwhile progress.”

Hashtag: #MSIGAsia #RiskManagement

The issuer is solely liable for the content material of this announcement.

About MSIG

MSIG (msig-asia.com) is a completely owned subsidiary of Mitsui Sumitomo Insurance coverage Co Ltd and a member of the MS&AD Insurance coverage Group, Asia’s main basic insurance coverage model with presence in 50 international locations and areas globally. The Group is amongst the world’s high insurance coverage teams primarily based on gross income and certainly one of Japan’s main insurer with A+ Secure credit standing. With over 40,000 workers world-wide, MSIG is represented in all ASEAN markets in addition to in Australia, New Zealand, Hong Kong, China, Korea, India and Taiwan.