The Bermuda-based Catlin Group Limited has established a new office in Hong Kong.
“Catlin Hong Kong Limited will operate as a registered Lloyd’s of London coverholder, binding non-life business on behalf of the Catlin Syndicate (Syndicate 2003) at Lloyd’s,” said the bulletin. “The office will focus on serving brokers and their clients in North Asia, including Hong Kong, China, Taiwan, Japan and South Korea. The office will be headed by Neil Wray, formerly principal officer of Catlin Asia in Singapore.”
Catlin said its new office would “initially specialize in underwriting marine hull and cargo, non-marine property and terrorism coverages and will also work with underwriters in Catlin’s Singapore office to provide onshore and offshore energy, construction, fine art, specie, aviation, general liability and professional liability coverages.”
David Hughes, a marine class underwriter is relocating from Catlin’s London office to join Wray in Hong Kong. Catlin plans to expand the team over time. It is the Group’s third office in Asia, joining those in Singapore and Kuala Lumpur, which were established in 1999.
Wray commented: “The markets of North Asia offer significant growth opportunities for Catlin. Positioning ourselves in Hong Kong will give us a strong local presence and infrastructure to allow us to develop our business in this important region. Catlin Hong Kong will build on and exploit the success and strong reputation that Catlin has earned in Asia through our offices in Singapore and Malaysia.”
The contact details for Catlin’s Hong Kong office are:
Catlin Hong Kong Limited Level 3
Three Pacific Place
One Queen’s Road East
Hong Kong
Telephone: +852 2855 6825 Fax: +852 2855 6829
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