Press Release

LL 20/07 26/10/2007

Lloyd's Asia wins British Business Award

Left to right: Terry O'Connor, President of the British Chamber of Commerce, Simon Wilson, General Manager of Lloyd's Asia, and Lord Powell of Bayswater
Left to right: Terry O'Connor, President of the British Chamber of Commerce, Simon Wilson, General Manager of Lloyd's Asia, and Lord Powell of Bayswater.
Lloyd’s Asia, the Singapore office of the world’s leading specialist insurance market, has been awarded the British Business Award 2007 for Financial and Professional Services.

The award, given by the British Chamber of Commerce to the best British business in Singapore in their nominated category, recognises outstanding UK-linked businesses and their contributions to the local economy.

Lloyd’s Asia was also recognised for its structural innovation; being the only Lloyd’s office outside of London to use the unique underwriting floor of which Lloyd’s is so famous.

Speaking about the award, Simon Wilson, General Manager of Lloyd’s Asia, said:

“The last 18 months have been an exciting time for Lloyd’s in Asia, with the number of Lloyd’s syndicates with a presence in Singapore quadrupling. As the Asian economy grows the platform is in an excellent position to capitalise on opportunities and support the growing market.”

For further information, please contact:


Louise Shield

Tel: +44 (0)20 7327 5793 Fax: +44 (0)20 7327 5229 Email: louise.shield@lloyds.com

 

Bart Nash

Tel: +44 (0)20 7327 6272 Fax: +44 (0)20 7327 5229 Email: bart.nash@lloyds.com

For urgent out of hours media calls Tel: +44 (0)7659 597 825


Lloyd's is the world's leading specialist insurance market and has the capacity to write approximately £16.1 bn of business in 2007. It is the world's third largest non-life reinsurer, and is the second largest surplus lines insurer in the US. At January 2007, 66 syndicates are underwriting insurance at Lloyd's, covering all classes of business from more than 200 countries and territories worldwide..

Lloyd's is regulated by the Financial Service Authority.