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Monday, 29 January 2018, 10:30 HKT/SGT

Source: Chubb
Chubb Appoints New Country President for Korea
- Edward Ler appointed Country President, Korea
- Soledad Mune appointed new Head of International Personal Lines, Asia Pacific

SINGAPORE, Jan 29, 2018 - (Media OutReach) - Chubb today announced the appointment of Edward Ler as the new Country President for its general insurance business in Korea. Mr. Ler replaces Edward Kopp, who was recently appointed as the new Country President for Chubb's general insurance business in Thailand.

Mr. Ler joined Chubb in 2013 as Senior Vice President and Regional Head of Personal Lines, which includes oversight for Motor, Residential, High Net Worth and Specialty Personal Lines. During 2014-2016, in addition to his business leadership role, he was concurrently President Director for Chubb in Indonesia. Mr. Ler's 15-year career in the insurance industry spans a variety of managerial roles covering the Asia Pacific, the Middle East and European markets. In his new capacity, Mr. Ler will continue to report to Paul McNamee, Chubb's Regional President for Asia Pacific.

Succeeding Mr. Ler as the new Asia Pacific Head of Personal Lines, is Soledad Mune. Presently Chief Underwriting Officer, Personal Insurance for Chubb Overseas General, Ms. Mune is resposible for ensuring the continued profitability of the company's international auto and residential insurance portfolios. With more than 15 years of industry experience in both U.S. and international personal lines businesses, Ms. Mune is ideally suited to this growing and dynamic market segment in Asia Pacific. In her new role, she will be based in Singapore and will report to Mr. McNamee and by matrix to Daryl Page, Division President, International Personal Lines, Chubb Overseas General.

Both Mr. Ler and Ms. Mune's appointment will be effective on 1 March 2018.

"Our ability to move talent like Edward and Soledad across geographies when opportunities arise, speaks to the depth of talent we have at Chubb," said Mr. McNamee. "Edward is a highly experienced insurance professional with a proven track record of success. With his strong leadership skills, coupled with his passion for our business, he is an ideal fit for this Country President role. Soledad has worked closely with Edward during his oversight of the Personal Lines portfolio. With a deep understanding of the business, backed by strong analytical and business development skills, Soledad is a natural choice to lead this vibrant and strategically important business for Chubb in Asia Pacific."

About Chubb

Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London and other locations, and employs approximately 31,000 people worldwide.

Media contact
Michele Anne Minjoot,
+65 6398 8708
Chubb Asia Pacific Pte. Ltd.
138 Market Street
#12-01 CapitaGreen
Singapore 048946

Jan 29, 2018 10:30 HKT/SGT
Topic: Press release summary
From the Asia Corporate News Network

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