He exits Mahindra Insurance Brokers on 30 April.
LIA Singapore logged $5.2b weighted premiums in 2025 up 11.3% on 2024.
About 11.5% of Asia-Pacific’s (APAC) economic losses due to natural catastrophes were only insured last year, which is equivalent to over $10b of the $87b total economic loss, according to Gallagher Re.
It ranks amongst Singapore’s largest insurance financings.
Only 20% of policyholders want the current insurer Medicare and patient fee mix retained.