Hannover Re appoints Sharon Ooi to the Executive Board to oversee Property & Casualty Expansion in Asia-Pacific

Hannover, 4 August 2022: The Supervisory Board of Hannover Rück SE has appointed Sharon Ooi as an additional member of the Group's Executive Board effective January 2023. Hannover Re is thus strengthening its focus on Asia as a growth region. Ooi will oversee the further expansion of Hannover Re’s Property & Casualty reinsurance business in Asia-Pacific.

"With Sharon Ooi, we have been able to attract an internationally recognised expert for the growth region of Asia-Pacific to Hannover Re," said Torsten Leue, Chairman of the Supervisory Board of Hannover Re. "I look forward to working with her."

“I’m delighted to welcome Sharon to Hannover Re’s Executive Board. She will play a crucial role in shaping Hannover Re’s further expansion in Asia-Pacific as the region is gradually evolving into the world’s largest insurance market,” said Jean-Jacques Henchoz, Chief Executive Officer of Hannover Re. “Sharon has proven her skills in various positions throughout the region and has an intimate knowledge of the markets.”

Sharon Ooi joins from Swiss Re and will be primarily based in Hong Kong. She joined Swiss Re in Asia in 2006 and most recently served as the Sydney-based Head of Australia and New Zealand. Before that, she held various positions at the reinsurer’s property and casualty business in Asia. She holds an Honours Degree in Cell and Molecular Biology from the National University of Singapore.

“I’m thrilled to join Hannover Re and am very much looking forward to further developing the company’s dedicated growth strategy in the Asia-Pacific region,” Sharon Ooi said. “I’m fully convinced of the future opportunities that the region I call home has to offer. Hannover Re is very well positioned to partner with its clients in this important region.”