Natixis said on Wednesday that it has appointed Eddie Leung to head its Asia-Pacific insurance coverage as part of its continuing expansion in the region.
Leung, formerly at HSBC, reports to Daniel Yap, the French bank's Asia-Pacific head of financial institutions and public sector coverage.
Deal activity has slowed somewhat in the insurance sector after a flurry of disposals by European insurers hit by the global financial crisis. Auctions such as ING Groep’s multi-billion-dollar piecemeal sale of its Asian insurance franchise in 2012 and 2013 were hotly contested as insurers from Canada to Japan sought greater exposure to faster-growing economies.
Potentially...
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