Reinsurance brokerage and advisory JLT Re has announced the appointment of a new leader for its treaty reinsurance offering in the Asia region, naming Vinod Krishnan as CEO, Asia Treaty.
The brokerage said that the appointment signals JLT Re’s commitment to strengthening its business and offering across the region, a key target area for deploying capacity at many reinsurers and also ILS funds.
Krishnan will be based in Singapore and the CEO, Asia Treaty role will see him responsible for building out JLT Re’s treaty reinsurance offering in the ASEAN nations and South Korea.
Mike Reynolds, Global CEO of JLT Re, commented on the hire, “We are pleased to announce the appointment of Vinod Krishnan to JLT Re Asia Pacific. With over 18 years’ in client focussed, leadership and analytical roles, Vinod will bring a wealth of experience to strengthen and provide depth to our Treaty offering across the Asia region. Vinod’s appointment is testament to the importance JLT Re places on our APAC clients and business.”
Krishnan was most recently at competing reinsurance broker Aon Benfield, where he held a range of roles most recently as CEO for Aon Benfield Asia.
The company expects Krishnan will join it in May 2018, when contractual obligations are satisfied from his previous role.
The Asia and Pacific region is a target area for deployment of risk capital at both traditional reinsurance firms and the larger ILS fund managers, with growth into the region targeted as treaty business expansion is expected to accelerate.
We’ve just launched ticket sales for our next conference in the region, ILS Asia 2018, which will be held July 12th in Singapore.