Multimodal 2022Port of South LouisianaVan AalstThe Wolfson Centre for Bulk Solids Handling Technology TOC EventsBühler GmbH
  • Sailors Society
  • TBA Group
  • Cimbria
  • Port of South Louisiana
  • The Wolfson Centre for Bulk Solids Handling Technology
  • Multimodal 2022

Britannia granted Hong Kong licence

(Posted on 31/01/19)

Hong Kong’s insurance regulator, the Insurance Authority (IA), has granted Britannia a licence to underwrite business from its Hong Kong office.
This positive news is in line with Britannia’s strategy of ‘think global, act local’.  This has seen new Exclusive Correspondents for the Association opening in Taiwan and Denmark and the recent purchase by Tindall Riley (Britannia’s Managers) of the Britannia exclusive correspondents in Japan and Singapore as well as Tindall Riley opening an office in Greece.
Britannia is also working towards activating its licence in principle, obtained in late 2018, which will allow it to underwrite business out of Singapore.
The Hong Kong branch office will continue to be managed by the very experienced existing team led by Tim Fuller as the Chief Executive, Richard Inman as Head of Underwriting, Gordon McGilvray as Head of Claims and Monica Kwok as Head of Finance.
“The granting of the Hong Kong branch’s licence in a short space of time is testament to the hard work of all involved in Hong Kong and London, along with the determination of the Hong Kong IA to support the local marine insurance sector” said Andrew Cutler, CEO of Britannia and the Managers.
“Half of our membership is based in Asia and the vast majority trade within the region.  Establishing regional hubs in Hong Kong, Japan and Singapore is key to our strategy of providing our Members with a local service that is personalised and backed by a global presence in the market,” he continued.
Britannia recently announced that there would be no General Increase to the advance calls for the 2019/2020 policy year.
The Club’s strong financial position was re-enforced in September when S&P Global Ratings, the world’s leading independent credit ratings provider, reaffirmed its ‘A’ (stable) rating, adding that the outlook for the Club remains stable over the next three years based on the its current capital buffer which exceeds S&P’s 'AAA' level requirement. 

Latest News

DNV to lead ammonia safety study in Singapore

(Posted on 28/01/22)

DNV has been selected to lead an ammonia bunkering safety study by the Global Centre for Maritime Decarbonisation... Read more


New school provides seafarers’ children with safe space to learn

(Posted on 28/01/22)

Hundreds of Filipino pupils will no longer have to be taught in shacks and tents, thanks to a new storm... Read more


Mersey Maritime launches ‘Innovating Maritime’ project

(Posted on 28/01/22)

Regional cluster organisation, Mersey Maritime, is launching a new service to its North West maritime... Read more


New ICS guide helps seafarers navigate digital bridge

(Posted on 20/01/22)

The newly launched edition of the Bridge Procedures Guide from the International Chamber of Shipping... Read more


One Sea appointment advances autonomous ship rule agenda

(Posted on 20/01/22)

One Sea, the high-profile ecosystem leading the way towards an operating autonomous maritime ecosystem... Read more


North makes key fixed premium P&I appointments

(Posted on 20/01/22)

Global marine insurer North has reinforced its strategy for premium diversification with two major additions... Read more


Singapore still leading maritime city

(Posted on 15/01/22)

The 2022 edition of the Leading Maritime Cities (LMC) report has been launched at an event hosted by... Read more


DNV Conference shows collaboration is shipping’s fuel of future

(Posted on 15/01/22)

Participants from across the maritime value chain have participated in the DNV Conference – The... Read more


CCS appoints new president

(Posted on 08/01/22)

China Classification Society has announced the appointment of a new President and vice president. Founded... Read more


New Sea Change Fund for seafarers in crisis

(Posted on 08/01/22)

Maritime charity Sailors’ Society has launched a new fund to provide urgent welfare grants for... Read more


TBA GroupTelestackSailors SocietyCimbriaCleveland Cascades LtdVigan
  • TOC Events
  • Telestack
  • Van Aalst

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping