From expanding Hong Kong's influence across the global maritime value chain to developing specialty insurance products for mainland companies going global, the plan outlines an ambitious growth agenda...
Asia's commercial space sector is expanding faster than local insurance capacity, leaving operators reliant on overseas reinsurers as orbital congestion emerges as a new underwriting risk.
The 35-year-old Australian MGA is writing prestige, luxury, high-performance and classic motor risks for New Zealand brokers on MS Amlin capacity at Lloyd's.
Led by former Swiss Re Corporate Solutions and AIG executive Giuseppe Carone, the Lloyd's-backed MGA will focus on professional indemnity, cyber and management liability risks.
Both insurers responded to a Financial Times report on their cover for the trader, which is accused of raising bank credit against invoices for trades that did not exist.
