New leadership in China, Singapore and Malaysia

Swiss Re is committed to building Asia’s best pool of home-grown talent, one which blends market knowledge with the international exposure needed to providing our clients and partners with the world-class support they expect of Swiss Re, plus the convenience of local presence.

July 2008

In line with this, Swiss Re is making the following moves in our China and Southeast Asia leadership teams, effective on or before 1 September, 2008, and subject to the relevant regulatory approvals:

	Swiss Re’s Malaysia Branch General Manager Qin Lu will move from Kuala Lumpur to Beijing and will be nominated to become General Manager of the Swiss Re’s Beijing Branch and Head of Property & Casualty for the China market.
	Eric Gan returns to Swiss Re to replace Qin and will be nominated as Branch Manager for Malaysia, and head of P&C business for Malaysia and the Indochina markets.
	Swiss Re’s Singapore Branch Principal Officer and Head of Property & Casualty for Southeast Asia Reto Brosi will move from Singapore to Beijing to become Head of a newly formed Casualty Desk China.
	We will nominate Paul Turner to take over Reto’s role as Principal Officer for Singapore Branch. Paul will continue to head the Life & Health business for Southeast Asia.
	Sharon Ooi, who currently heads our Property & Engineering Treaty team for Southeast Asia and India, will succeed Reto in his major role as Head of Property & Casualty for Swiss Re Southeast Asia.

Franz Hahn, our Managing Director for the China business has been on leave of absence for personal reasons since February. While we wish that Franz could return to his service with Swiss Re soon, the business does need a permanent, full-time leader focused on engaging and building the China team and maximising our market opportunities - and Franz agrees with our view. We have therefore started a formal search for a full time replacement for this position. We will work with Franz to seek possible alternative opportunities in the Group once he is ready to return to a regular work assignment.

Other change is also taking place in Beijing. Simon Lam, head of the Property & Casualty for the China market, has also decided to pursue other interests. Qin Lu, born in China whom we recruited as a graduate in New York in 1996, will take over this role in September (subject to regulatory approval).

Meanwhile, the China operations continue to report to the Martyn Parker and the relevant marketing and product heads on the Asia Management Team.

During the transition to the new leadership, Swiss Re will absolutely ensure “business as usual” on all ongoing discussions Qin’s return to China and Reto’s posting to Beijing will create new momentum and fresh ideas for our relationships in the China market. And the company intend for Paul, Sharon and Eric to raise the bar even further to build even stronger partnerships for Swiss Re in Southeast Asia.