Lloyd's in Singapore

Lloyd’s Asia is located in Singapore and was established in 1999 to give Lloyd’s an underwriting base in Asia. Lloyd’s license in Singapore enables Lloyd’s syndicates to write both local and offshore business from Singapore through the establishment of local service companies.

In the past three years, the Lloyd’s Asia market has grown exponentially. Firstly, the number of service companies operating within the Lloyd’s Asia trading centre has grown from three businesses in 2005, to 15 as at October 2008. A listing of the organisations that operate on the Lloyd’s Asia trading platform is shown below.

Lloyd’s Asia’s growth is illustrated in the substantial increase in gross premiums written by the market. In 2005, the aggregate gross premium written by Service Companies was US $46m. By 2007, that figure had grown to US $126m. Lloyd’s Asia is well on its way to developing a leading presence in the region.

There are no regulatory restrictions on Lloyd’s Asia underwriters over whom they can do business with. Lloyd’s Asia underwriters may deal directly with clients, brokers and agents (local and foreign). 
 
Simon Wilson
Simon Wilson Lloyd's General Manager for Singapore
Lloyd's of London (Asia) Pte Ltd is the representative office of Lloyd's. The Lloyd's General Representative is Simon Wilson.

Simon Wilson was appointed Lloyd’s General Manager for Singapore in January 2007. He is also Managing Director of Lloyd’s Asia (Pte) Ltd. and General Representative of Lloyd’s underwriters in Singapore. Before his appointment, Simon spent three years developing and leading the Intelligence Division (WMID) for Lloyd’s Worldwide Markets in London. In addition to this responsibility, Simon was involved in the development of the business model and plan for the new Lloyd’s China Reinsurance platform, based in Shanghai.


The following syndicates are currently operating at Lloyd’s Asia:

Amlin
Argenta
Ascot
Atrium
Beazley
Canopius
Catlin
Chaucer
Kiln
Markel
Newline Asia
QBE
Talbot
Travelers
Watkins

Address

Lloyd's of London (Asia) Pte Ltd
One George Street
#15-01/06
Singapore, 049145

Tel: +65 6538 7088
Fax: +65 6538 7768
Email: simon.wilson@lloyds.com.sg