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QBE appoints Tondo to tackle Asia property risks

QBE Insurance Group has announced the appointment of Carles Tondo as Head of Property for Asia, effective immediately. Based in Singapore, Tondo will report to Stephen Geisler, CEO of South Asia. He will be responsible for driving the strategic growth of QBE’s property portfolio across the region, focusing on product strategy, pricing, and portfolio management.

Tondo’s appointment comes at a time when property development and infrastructure resilience are accelerating across Asia, with an increasing complexity in risk. With over 17 years of experience in international underwriting and leadership across Europe and Asia, Tondo is expected to strengthen client relationships and ensure compliance with legal and regulatory requirements. He will also manage regional performance for designated business lines, working closely with stakeholders to maximise growth and profitability.

Previously, Tondo served as Head of Property and Technical Lines for Singapore at another insurer and has held various leadership roles in Spain, Switzerland, and Malaysia. Stephen Geisler expressed confidence in Tondo’s ability to deliver exceptional value to QBE’s property clients, stating, “His extensive international exposure and leadership experience will be instrumental in helping QBE deliver exceptional value to our property clients, as they navigate increasingly complex risks.”

Tondo will take over the property portfolio from Brendan Dunlea, who will continue to lead the Construction, Engineering, Renewables, and Power Generation businesses at QBE Asia. Tondo remarked on his new role, “As the momentum of property development accelerates across Asia, it is now more important than ever that resiliency is at the forefront of our clients’ priorities.”

QBE Asia is part of the International Division of QBE Insurance Group Limited, headquartered in Sydney and listed on the Australia Securities Exchange.

This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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