Asian Marine Hub

Since May 2009, Swiss Re has focused its Asian marine reinsurance activities in Singapore with the creation of a core Asian underwriting hub there.

The move was designed to increase synergies within the global marine unit and to maximise efficiency in its Asian organisational structure, while ensuring its Asian client base continue to have local access to key underwriters.

The hub moved to Singapore from its previous base in Hong Kong. Singapore-based marine underwriters Patrick Graf and Wilfrid Goh will be joined by Victor Enzler and Jordan Bi, both formerly of the Hong Kong team.

The team will report to Mario Ciancarelli, who heads Swiss Re’s AMEA (Asia Middle East and African) marine hub in Zurich, which in turn reports to the company’s global marine centre in London, headed by Managing Director Peter Sydenham.

Swiss Re also recently published a report in its Technical publishing series, offering a hands-on guide to Marine underwriters on how they can benefit from using facultative excess of loss techniques.