Commenting, Craig Langham, Chief Executive, Asia Pacific for XL Catlin’s insurance business said, “ Hong Kong is home to many mid-sized businesses as well as large multinational companies who also chose it as their Asia Pacific base. According to the Hong Kong Census and Statistics Department in 2015, there were more than 3,700 regional headquarters and regional offices locally representing their parent companies located outside Hong Kong. It is also a highly attractive market for foreign direct investment (FDI) – according to this year’s UNCTAD World Investment Report, global FDI inflows to Hong Kong amounted to US$175 billion in 2015, behind only the US. Our insurance operations provide these companies as well as the local firms with innovative solutions to their risks so that they can focus on growing their business.”
Mr. Langham continued: “Having the best talent in the right place is key to us achieving our ambition in this important market, and Jamie’s appointment to Country Manager reflects this.”
Mr. Chambers has over 14 years’ experience in the insurance industry. He joined legacy Catlin in 2005 and played a vital role in establishing and developing the aviation portfolio which includes General Aviation, Airline and Products risks in the Asia Pacific region. In his earlier career, Mr. Chambers worked at Ortac Underwriting Agency in the United Kingdom as an Aviation Underwriter.
About XL Catlin Insurance Operations
XL Catlin insurance companies offer property, casualty, professional, financial lines and specialty insurance products globally. Businesses that are moving the world forward choose XL Catlin as their partner. To learn more, visit xlcatlin.com.
About XL Catlin
XL Catlin is the global brand used by XL Group Ltd’s (NYSE:XL) insurance and reinsurance companies which provide property, casualty, professional and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises throughout the world. Clients look to XL Catlin for answers to their most complex risks and to help move their world forward. To learn more, visit xlcatlin.com.