Everest Insurance coverage Worldwide, an insurance coverage unit of Bermuda-based Everest Group, has made new senior management appointments to strengthen its presence in Asia.

The corporate has named Tomi Latva-Kiskola as head of insurance coverage in Asia.

Latva-Kiskola, whose appointment is efficient as of 5 February 2024, will report back to Everest Insurance coverage Asia Pacific head Scott Leney.

Leney stated: “Tomi is a extremely revered chief and operator who brings important regional expertise together with a deep community of long-standing relationships spanning a number of markets.

“Tomi shares our dedication to the Asia market and is aware of easy methods to ship the bespoke options and best-in-class worth proposition our prospects want and deserve from a companion like Everest.”

Latva-Kiskola most lately held the place of president and CEO of AIG Insurance coverage Hong Kong.

Previous to that, he served as CEO of AIG Thailand and led shared companies operations in Asia and Europe.

Latva-Kiskola additionally served as a senior adviser to a number of worldwide insurance coverage, monetary companies, power, and pharmaceutical shoppers worldwide.

Moreover, Swee Keong Mah has been named CEO of Everest Insurance coverage Singapore. He’ll report back to Latva-Kiskola.

Becoming a member of Everest in 2022, Mah is presently serving as Asia Insurance coverage interim regional head and Asia Pacific authorized head.

In response to the corporate, Mah performed a key position in establishing the division’s Singapore operations.

He held a number of common counsel positions earlier than becoming a member of Everest, most notably as head of authorized, danger & compliance for Asia and the Center East at Berkshire Hathaway Specialty Insurance coverage.

Final month, Everest Group posted a web revenue of $678m for the third quarter of 2023 as towards a web lack of $319m a 12 months in the past.

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