Neil Costa has also assumed the role of appointed actuary at Zurich International Life and will lead a team of 15 actuaries and actuarial students.
Costa has more than 25 years of industry experience and has held the role of appointed actuary for Zurich’s international branches in Singapore and the UAE for several years. In his new role, he will take over this responsibility in the company’s Hong Kong, Bahrain, and Qatar branches.
Costa’s previous role as valuation actuary has been filled by Tom Morfett, while Morfett’s previous role as head of the actuarial management reporting team has been filled by Jordan Guthrie.
On his appointment, Costa said: “I am very excited by the opportunities and challenges that lie ahead in what is a time of change and evolution in our industry.”
Zurich International Life is a company incorporated in the Isle of Man which operates through regional branch offices in Hong Kong, Singapore, the United Arab Emirates, Qatar, Bahrain, Taiwan, and Argentina. It was established in 1982, and employs 220 staff.
Founded in 1872, its parent company, Zurich Insurance Group, is headquartered in Zurich and employs more than 60,000 employees globally to serves clients in more than 170 countries.