Eagle Star nabs Falcon execs

Meanwhile the insurer has partnered with Baring Asset Management to introduce unit-linked funds.

Eagle Star Insurance Group, one of the top 10 insurance companies in Hong Kong, has announced the appointment of Allan Yu as director for the non-life business and Michael Siu as vice president, agency. Both defected from rival Falcon Insurance formerly Winterthur Swiss Insurance.

Separately, the company also announced the launch of five new unit-linked funds, two of which are to be managed by Baring Asset Management.

Yu has over 30 years of experience in the insurance industry. During the last 16 years, he was a senior executive at Ka Wah AMEV Insurance, Winterthur and Falcon. He has expertise in the areas of underwriting, pricing, claim reserving and product development....

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