Validus swoops for Munich Re exec to lead Singapore reinsurance office
Bermudian (re)insurer Validus Holdings has said it is opening an Asia-Pacific reinsurance representative office located in Singapore. The new office will represent Validus Re, the Validus group's Bermuda-based reinsurance operation which focuses on short-tail classes of business, including property, marine, and other specialty.
Marc Haushofer, an experienced Asian sector specialist, has joined Validus Re as chief representative and head of the new Asia-Pacific representative office. Mr. Haushofer is the former CEO of Munich
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