Aon taps 34-year veteran to lead Greater China reinsurance push

The hire lands as global reinsurers race to build senior capacity in a market where ceded premiums hit record levels in 2025

Aon taps 34-year veteran to lead Greater China reinsurance push

Reinsurance News

By Mark Rosanes

Aon has appointed Joe Liang (pictured) as executive chairman of Greater China for reinsurance, based in Hong Kong and effective immediately, reporting to Rupert Moore, chief executive of Asia Pacific for reinsurance at Aon. The appointment arrives at a specific moment in the Greater China reinsurance market: China's property reinsurance ceded premiums surpassed ¥100 billion for the first time in a single half-year period in 2025, and demand at the April 2026 renewals rose roughly 10% as cedants added limits and restructured programmes. The restructuring element is the analytically significant detail. Cedants adding limits are buying more of the same cover. Cedants restructuring programmes are changing how they transfer risk - a more technically sophisticated conversation that requires actuarial depth alongside reinsurance broking expertise. Moore specifically cited Liang's combined experience in reinsurance, actuarial work, and technology as central to the role, and that combination maps directly onto what programme restructuring conversations require.

Liang brings more than 34 years of insurance industry experience spanning underwriting, reinsurance, risk management, and actuarial functions across China and the United States. He is a Fellow of both the Casualty Actuarial Society and the Chinese Actuarial Society - credentials that are relatively uncommon in a senior reinsurance broking role and that give Aon a specific technical positioning in client conversations about programme design and limit optimisation. Before joining Aon, he held executive positions at SAIC Insurance Limited and Ping An Property and Casualty Insurance Company, giving him direct experience of how major Chinese cedants approach reinsurance purchasing and programme construction from the buying side.

The market context driving the appointment

Competition for senior talent in the Greater China reinsurance market has intensified alongside the market's growth. SCOR chief executive Thierry Leger has said he is convinced the Chinese reinsurance market will become the world's second largest within 10 years. Munich Re, Hannover Re, Swiss Re, and Everest Group have all announced plans to expand in China and the wider Asia region. The National Financial Regulatory Administration and Shanghai municipality have backed expansion of the Shanghai International Reinsurance Registration and Exchange Centre as part of efforts to build Shanghai into an international financial centre under China's 15th Five-Year Plan, running from 2026 to 2030.

Aon's reinsurance division operates across more than 120 countries. The Greater China market - encompassing mainland China, Hong Kong, and Taiwan - has been a focus of the firm's Asia-Pacific expansion strategy, and the Liang appointment gives that strategy its most senior dedicated Greater China leadership to date.

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