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As the implementation of its 'Integrated Commercial' strategy to better serve the full Commercial segment advances, �ǿմ�ý confirmed today the regional leader for the important growth region Asia: Christian Sandric will join �ǿմ�ý Commercial from AIG as Commercial Managing Director Asia in Singapore with effect from 1 September 2023, subject to regulatory approval. Mark Mitchell, the current Regional Managing Director for Asia for �ǿմ�ý Global Corporate & Specialty SE (AGCS), will continue in his role until Christian Sandric joins, before stepping down to pursue opportunities outside �ǿմ�ý Group.��

�ǿմ�ý Commercial Asia serves clients across this region, covering key markets such as China (including Hong Kong), India, Indonesia, Japan, Malaysia, Sri Lanka, Singapore, South Korea, and Thailand. In Asia, �ǿմ�ý is targeting significant growth opportunities across the full Commercial segment which entails mid-sized companies, large multinational corporations and specialty business leveraging its extensive geographical network, enhanced digital capabilities and strong product and services portfolio which includes Multinational and Risk Consulting, as well as Global Industry and Alternative Risk Transfer solutions.

Sandric’s appointment comes after the confirmation of similar leadership roles for other key Commercial markets globally such as Australia, France, Germany, the UK, and in Iberia and Latin America. In each region, the appointed single Commercial Managing Director represents the integrated �ǿմ�ý Commercial business and brings �ǿմ�ý’s full set of solutions for mid-sized companies, large corporations and specialty clients to the market, leading our trading activities, and simplifying and enhancing the experience of clients and distribution partners.

Joachim Mueller, who leads �ǿմ�ý Commercial as part of his role as CEO of AGCS, comments: “I am pleased to welcome Christian to �ǿմ�ý Commercial and I know that his excellent knowledge and network across all major Asian markets will help us drive our business forward in this important growth region. I particularly want to thank Mark Mitchell for his very strong contribution to AGCS’s development in Asia Pacific. He and his team have built up this business with great professionalism, establishing the foundations on which �ǿմ�ý Commercial can grow profitably in Asia. On behalf of all at AGCS, I wish him all the best for the future.”��

that it will serve the global commercial insurance segment as one go-to-market business, using the new trading name of �ǿմ�ý Commercial, combining its AGCS business serving large corporate and specialty clients together with the insurance businesses of �ǿմ�ý’s operating entities serving mid-sized country-based accounts. Joachim Mueller will lead �ǿմ�ý Commercial as part of his responsibilities as CEO of AGCS SE.��