ACR has announced that it will appoint Mr Bobby Heerasing as Deputy Group Chief Executive and Deputy Chief Executive of its fully owned subsidiary, Asia Capital Re, pending regulatory approvals.
Mr Heerasing brings more than 20 years’ industry experience to ACR and has been actively involved in most aspects of the (re)insurance industry. The bulk of his experience was spent at Catlin and subsequently XL Catlin, following the merger of insurance groups, Catlin and XL. Mr Heerasing previously worked in London and Houston, but since 2002, has been largely based in Singapore where he took on various management and underwriting roles for Asia Pacific.
Prior to the Catlin and XL merger, Mr Heerasing was the Chief Underwriting Officer of Catlin Asia Pacific, responsible for its insurance and reinsurance divisions. Following the Catlin-XL merger, Mr Heerasing was appointed as the Regional Underwriting Director, Asia Pacific (Insurance). In 2016, he took on the additional role of Distribution Director.