Find out about the types of risks Lloyd’s can underwrite and our business in China.
The underwriting divisions at Lloyd’s China have wider risk appetites covering both traditional P&C lines and specialty and innovative products. Lloyd’s China, operating as a company, offers tailored collaborative solutions in response to local needs and attracts incremental business opportunities.
Lloyd’s China has been growing its business tremendously in the China market over the past decade. In 2017, Lloyd’s China wrote RMB 2.2 billion (US$ 338.4 million) in gross premium.
Lloyd’s China offers local underwriting expertise and has launched consortia & facilities:
A few new consortia are being developed.
- Terrorism Facility with a maximum capacity of USD 300million
- Marine War Facility led by Ascot Underwriting Division with a maximum capacity of USD 110million