Acrisure Re opens Hong Kong office

Acrisure Re has announced the launch of its Hong Kong operation as well as the appointment of Duncan Ainsby as senior vice president of facultative reinsurance and head of Asia.

Ainsby will be based in Acrisure Re’s new offices in Hong Kong and will report to Ghassan Mansour, managing director and head of facultative in London.

He will be responsible for leading and expanding Acrisure Re’s Hong Kong operation as well as building strategic partnerships within the facultative reinsurance sector across the Asia region.

Ainsby has more than 35 years of experience in complex risk and multi-line insurance, facultative and treaty reinsurance. Prior to joining Acrisure Re, he held multiple director and regional roles at Willis Towers Watson and Aon, with his most recent position being strategic account director client management at Willis Towers Watson Australia.

He began his career as a reinsurance broker at a Lloyds of London brokerage and later became a director and senior broker at Gallagher Re.

“From a facultative perspective, the Asian market is incredibly important and our decision to expand into this market was a natural next step for Acrisure Re,” said Mansour. “Duncan’s broad reinsurance expertise and extensive network will be vital as we look to capitalise on the various treaty and facultative opportunities in this region and I am excited to welcome him to the team.”