Section 223 of the Insurance Code prohibits an insurance company which is doing business in the Philippines from ceding any risks situated in the Philippines by way of reinsurance directly to a foreign insurer not authorised to do business in the Philippines, unless that foreign insurer is represented in the Philippines by a resident agent who is registered with the Insurance Commissioner.
Lloyd’s underwriters’ resident agent
Lloyd’s underwriters’ resident agent in the Philippines is:
Atty. Mia Gentuguya, a partner in the law firm, SyCip Salazar Hernandez & Gatmaitan
SyCipLaw Center, 105 Paeo de Rozas, Makati City, Philippines
Certificate of Registration Number: RA-19-2015-O
As resident agent and attorney for Lloyd’s underwriters, Mia Gentuguya is authorised to accept on their behalf service of proceedings and notices addressed to them in connection with legal proceedings in the Philippines against them.
Information on Lloyd’s trading rights in the Philippines is available on Crystal.
For further information please contact:
Lloyd's International Trading Advice
Lloyd’s Desk - Ground Floor
t: +44 (0)20 7327 6677
Lloyd's of London (Asia) Pte Ltd
8 Marina View, Asia Square Tower 1
t: +65 6499 9330