Willis Towers Watson hires Yeung as North Asia P&C head

New appointment to supplement several previous hires in the region

Willis Towers Watson hires Yeung as North Asia P&C head

Insurance News

By Gabriel Olano

Major insurance broking and advisory firm Willis Towers Watson has appointed Evariste Yeung as head of property and casualty (P&C) for North Asia, a newly created divisional role.

The appointment will see Yeung based in Shanghai and reporting to Richard Collis, managing director for Willis Towers Watson’s insurance consulting and technology business in Asia Pacific.

In his new role, Yeung will be in charge of growing the firm’s North Asia general insurance consulting practice, specifically in the China, Hong Kong, Japan, Korea, and Taiwan markets. He will also oversee the growth of the general insurance mergers and acquisitions practice across the region. According to Willis Towers Watson, this move supplements the recent appointment of David Maneval as P&C leader for Southeast Asia.

Yeung will be part of a 240-strong team of insurance consulting and technology-focused consultants and specialists across Asia.

“Evariste’s strong mix of expertise and experience makes him a very valuable addition to the regional team as we continue to help the insurance industry adapt in this ongoing risk-averse and low-yield environment,” commented Collis.

“We’ve made a series of senior business appointments, including Evariste’s, over the past 12 months. These appointments form part of Willis Towers Watson’s strategy to offer a broader range of strategic insurance consulting and leading-edge technology solutions. We’re building on the strength and capabilities of our team to truly support our clients in innovating and transforming insurance.”

Prior to joining Willis Towers Watson, Yeung was chief underwriting officer, consumer insurance, personal accident of AIG Japan Holdings. He also held several key actuarial roles at AIG Asia Pacific, AXA Direct Japan, AXA UK, Aon Re Asia, and Morgan Stanley Japan. He holds a Master’s degree in mathematics from the University of Hawaii at Manoa.

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