ACR appoints ex-Catlin exec Heerasing deputy CEO

Asia Capital Re (ACR) has brought in Bobby Heerasing as deputy
CEO as it nears the completion of its long-trailed sale,
The Insurance Insider can reveal.
The appointment of Heerasing, previously Catlin's chief
underwriting officer for Asia Pacific and head of its Singapore
office, appears to answer the much-discussed question of who will
succeed Hans-Peter Gerhardt as CEO of the reinsurer.
ACR is being sold by its financial backers, including sovereign
wealth funds Khazanah Nasional Berhad and T