New head of property for ACE in Asia-Pacific warns that region’s property market ‘faces many exposures’

Market conditions in Asia continue to remain challenging and there’s more uncertainty ahead, according to Jason Keen (pictured).

“The property market … [will] require strong management to control rate volatility in the coming years,” said ACE’s new head of property in the region.

In his hew role, Keen is responsible for the growth and performance of ACE’s Property insurance portfolios in Asia. He said that he had every confidence that his team would “reinforce ACE’s position as a leading property insurer in Asia. Our strength in serving multinationals ensures that our clients have the most compliant and relevant insurance products, managing their operations and specific exposures through many cycles experienced in Asia,” he said.

Keen joined ACE in 2010 as regional property underwriter with oversight of the sabotage, terrorism and political violence portfolio. In 2011, he assumed the head of property/casualty role for the Singapore branch.

Prior to joining ACE, Keen was an underwriter at Lloyd’s of London and he also worked in Houston and Chicago.

ACE’s regional head of property/casualty and deputy regional president for Asia-Pacific Paul McNamee said that Keen had built a reputation as a growth leader with strong underwriting and business acumen.

“As we expand our product and distribution capabilities, I’m confident of Jason’s ability to sustain ACE’s position as a market leader,” he said.