QBE Appoints Treaty Reinsurance Head for Asia
The reinsurance arm of Australia-based QBE has hired a 20-year veteran in Singapore.
QBE Re has appointed Cindy Foo as head of Asia, treaty, according to a statement, effective December 1. Based in Singapore, she will report to Abdallah Balbeisi, executive director of Europe and growth markets.
Foo has over 20 years of reinsurance experience, having previously held senior underwriting and client management roles at Berkley Re Asia, Asia Capital Re, Swiss Re. and Munich Re. At Berkley Re Asia, she served as head of underwriting and branch manager since 2016.
«Cindy’s appointment underscores our ambition to build a sustainable, client-focused treaty franchise in the region, while working closely with our wholesale business (facultative) to ensure our renewed focus complements QBE’s strategies in Asia,» said Balbeisi.
QBE Insurance Group is an Australia-listed insurer and as of 31 December 2024, it had $22.4 billion in gross written premiums.
