VIG Re names APAC chief, eyes Singapore hub in regional expansion push

Mandate consolidates facultative, nat cat, and life reinsurance under one roof

VIG Re names APAC chief, eyes Singapore hub in regional expansion push

Reinsurance News

By Kenneth Araullo

VIG Re has announced two senior leadership appointments as part of its VIGRe28 strategy.

Marc Haushofer will serve as managing director for APAC, while Joachim Mathe joins as head of special markets, with both roles effective February 1, 2026.

In his new position, Haushofer will oversee VIG Re's operations in Japan, South Korea, and Taiwan. He will also lead the reinsurer's expansion across the broader Asia-Pacific region.

As part of this growth initiative, VIG Re plans to establish an office in Singapore, subject to approval by the Monetary Authority of Singapore, the Czech National Bank, and other regulatory authorities.

The planned Singapore presence would see VIG Re join an increasingly crowded field. According to the Monetary Authority of Singapore, reinsurance premiums in the city-state grew 31% year on year to S$27.6 billion in 2023, accounting for roughly 21% of Asia's reinsurance market.

Sixteen of the world's top 25 reinsurers have established regional hubs in Singapore, covering markets across ASEAN, North and South Asia, and Australia.

Tobias Sonndorfer, chairman and chief executive officer of VIG Re, said Haushofer's appointment "reflects our commitment to strategic expansion and client value."

He added that Haushofer's experience across Asian markets "will be pivotal as we further expand into the region with a long-term and partnership-oriented focus."

Haushofer joined VIG Re in May 2025 as executive director of international business development. He previously served as senior vice president of Asia Pacific at RenaissanceRe and spent nearly 16 years at Validus Re, where he established the Singapore branch.

From 2017 to the end of 2024, Haushofer chaired the Singapore Reinsurers' Association. Commenting on his appointment, he said the role "comes at exactly the right time, both for me personally and for VIG Re's ambitions in Asia."

Special markets push

Mathe's newly created role is designed to drive growth beyond VIG Re's traditional non-life treaty business. The unit consolidates the reinsurer's facultative reinsurance, international natural catastrophe, and life reinsurance operations under one structure.

Stephan Wirz, board member and chief business officer, described the special markets unit as "a cornerstone of our growth strategy." He said Mathe's leadership will help VIG Re "further broaden its role as a trusted partner for clients navigating an increasingly complex risk landscape."

Mathe brings more than 20 years of experience from Munich Re, where he held positions including managing director, global head of insurance consulting, and CEO of Munich Re Spain.

The appointments continue a leadership transformation that began in January 2025, when VIG Re named Ivana Jurčíková as chief operating officer and Wolfgang Hajek as chief financial officer.

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