International insurance group XL Catlin has appointed Bonnie Chow as senior underwriter, political risk and trade credit, for the Asia-Pacific region. She will be based at the company’s Sydney office.
Chow has over 20 years’ experience in the financial sector, specifically in insurance and banking. She specialises in complex cross border trade transactions and credit risk management. Before joining XL Catlin with this appointment, she worked at Zurich Insurance Australia for eight years in its credit and political risk division. Chow also worked with Atradius Credit Insurance, the Australian Prudential Regulation Authority (APRA), and the Export Finance and Insurance Corporation.
Craig Langham, chief executive, Asia Pacific - Insurance commented: “According to the Global Risks report published last year by the World Economic Forum, it is the first time in the report’s 10-year history that geopolitical risks are the foremost concerns for many organisations. These risks include interstate conflict, failure of national governance and state collapse or crisis. As more of our clients seek out opportunities in emerging markets, we’re seeing a greater demand from clients to protect their investments and manage their geopolitical risk. Bonnie’s appointment underscores XL Catlin’s commitment to delivering vital Trade Credit and Political Risk coverages to better serve our clients’ evolving needs in the region.”
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