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Seadrif Insurance Company Appoints Xinmei Zheng As Chief Operating Officer

PRIVATEJul 30, 202610 days ago

Position

Chief Operating Officer

Company

SEADRIF

Xinmei Zheng
SingaporeInsurance

Description

SEADRIF Insurance Company has appointed Xinmei Zheng as its new Chief Operating Officer (COO). Zheng brings nearly two decades of experience in the insurance and reinsurance sectors, particularly within Southeast Asia.

Company Information

Company

SEADRIF

Location

Singapore

About

Southeast Asia Disaster Risk Facility (SEADRIF) Insurance Company provides catastrophe risk insurance coverage to participating ASEAN countries. It is an instrumental entity to the SEADRIF Initiative. The Company is licensed as a general insurance company by the Monetary Authority of Singapore (MAS), under the jurisdiction of Singapore. ASEAN countries, home to 650 million people, are highly prone to disaster and climate shocks. Rising frequency in disasters and increased exposure mean that countries need to strengthen their fiscal resilience in preparation for sudden adversities. The SEADRIF Initiative, a regional platform established with ASEAN+3 (Japan, China, the Republic of Korea) endorsement, supported by the World Bank, provides knowledge, technical and financial solutions to help prepare for such situations. SEADRIF takes the crisis out of disaster.

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