Kevin Leung
4 July 2023Analysis

Markel appoints new APAC executive

Markel, the insurance operations within the Markel Group, has appointed Kevin Leung as chief underwriting officer for its Asia Pacific (APAC) operations.

The company said that in his new role, Leung will lead the underwriting strategy for the region to generate profitable growth, enhance technical capabilities and help to strengthen Markel's presence and continued growth in the region. He will report to Christian Stobbs, managing director of Markel’s International division in Asia Pacific, and will be based in Singapore.

Leung has over 25 years of insurance industry experience. He has a track record of enhancing products and services, championing talent development, and delivering sustainable growth and underwriting profit in the APAC region. Markel described him as ‘a respected leader.’

Most recently, he was head of casualty and financial lines for APAC at Swiss Re, where he held various leadership roles. Prior to that, Leung held senior underwriting positions at several insurance carriers including Catlin, ACE Group and AIG.

“We are extremely pleased to have Kevin join us at Markel,” said Stobbs. “He brings immense experience of underwriting in Asia, further enhancing our ability to provide brokers and clients with real-time decisions and expert solutions.

“This appointment is the next step on our journey to empower and develop our underwriting team in Asia. Our aim is to provide the best specialist underwriting capabilities to businesses in Asia Pacific. With Kevin’s deep understanding and experience of the region, I’ve no doubt our teams and clients will benefit, elevating Markel to new heights of excellence in underwriting and beyond.”