Lim Mei Yean has been appointed as underwriter at XL Catlin’s political risk and trade credit team in Singapore.
Lim joins from Asia Capital Reinsurance, where she was most recently underwriter in the trade credit treaty reinsurance and specialised facultative reinsurance placements area. Prior to that, she worked at Trafigura, Cargill and Euler Hermes.
She will report to Mark Houghton, the company’s regional manager for political risk and trade credit. Commenting on the appointment, Houghton says: “Mei Yean’s broad experience in key markets such as China and Japan, as well as her depth of experience in commodity trade brings a strong level of support for our underwriting capabilities in the Asia Pacific region.”
Her appointment boosts the political risk and trade credit team in Singapore to five members, with three specialist underwriters.
Regional leader for crisis management David Guest also commented on the appointment, saying: “Asia Pacific is a diverse yet evolving region in the context of political risk and trade credit insurance. As more companies in Asia Pacific are seeking growth opportunities in emerging markets, we are developing XL Catlin’s capabilities to support their investments and ensure they have adequate risk management policies in place to manage disruptive political events and evolving credit risks.”