Reinsurance and risk intermediary Benfield announced that it has received approval from the China Insurance Regulatory Commission (CIRC) to open a new representative office in Beijing.
The new facility adds to Benfield’s presence in China, where it opened its first representative office in Shanghai in 2003. This office will now be upgraded to the status of General Representative Office, as a result of the approval for the Beijing Office.
“China represents one of the world’s most energizing insurance markets”, commented Dominic Christian, Chief Executive of Benfield’s International Division. “For the informed and for the enterprising, exciting opportunities are assured. We look forward to serving customers new and old, and contributing to the markets future vibrancy”.
Ms. Huang Ling, previously with Benfield in Shanghai, has been appointed as Chief Representative for its new Beijing Representative Office. Kevin Bogardus, Chief Representative for Benfield’s Shanghai Representative Office since 2005 and the company’s General Manager for Greater China, has been appointed as General Representative for its Shanghai General Representative Office.
Christian indicated that the two offices would be working closely together and would also coordinate activities with the “Benfield Asia regional head office in Singapore and the specialty teams throughout Benfield to provide treaty and facultative reinsurance programs and risk advisory services in all classes of business to our customers throughout the Greater China region.”
New office contact details are:
Benfield Limited Beijing Representative Office
12F Excel Centre,
No.6 Wudinghou Street,
Beijing, 100032 China
T: +86 10 88003790
F: +86 10 88003860
Source: Benfield – http://www.benfieldgroup.com
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