Hyuk Hee Won passed away on 29 March in Seoul, Korea. He became majority shareholder of Korean Re in 1998 and was integral in growing the reinsurer into one of the top 10 reinsurers in the world.
He is survived by three sons and two daughters. Two of his sons hold key positions within Korean Re – his youngest, Jong Gyu Won, is chief executive, while his oldest, Jong Ik Won, is an advisor.
A reinsurance broking report shines a spotlight on the consequences of a potential cyber catastrophe across the re/insurance value chain.
A crucial distinction arises when a company outsources critical development tasks to third-party vendors, writes Peter Smyth, vice president, Ebix Europe.
Reinsurance broker appoints chief operating officer with a background working at Willis Re, Guy Carpenter and AIG.
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