14 January 2020Insurance

Liberty Mutual Re opens new office in Singapore

Liberty Mutual Re (LM Re), part of Liberty Mutual Insurance Group, has opened a new office in Singapore and appointed Annie Leong as the regional underwriting manager for LM Re in Asia Pacific.

Leong joins LM Re with immediate effect and will report locally into Matthew Jackson, senior vice president & Asia leader and Peter Smith, executive underwriting officer at Liberty Specialty Markets in London. Leong will focus on building the franchise locally and be central to Liberty’s Asia Pacific portfolio as a whole. LM Re will be operating with a full treaty reinsurance license as part of the LSM Asia Pacific office in Singapore and will have local underwriting authority.

Leong was previously at Aspen Re where she was a senior underwriter focusing on specialty lines for the Asia Pacific region. Prior to that she worked for Kiln in Singapore.
Dieter Winkel, president of Liberty Mutual Re, said: “As LM Re continues to build out its global underwriting platform, we have taken the decision to establish a formal presence in Singapore to better serve and support our broker partners and clients across Asia Pacific and focus on developing emerging market opportunities across the region.

“For many years, we have participated in this market as a treaty reinsurer of property, casualty and specialty lines. The portfolio has been driven by the underwriting teams in our existing offices and platforms across the UK and Europe. This is the right time to establish ourselves locally in the region and I am looking forward to working with Annie, who brings a wealth of experience in property, specialty and casualty treaty reinsurance lines across Asia Pacific.”

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