The Monetary Authority of Singapore (MAS) granted the underwriting license and the branch will be managed by Tindall Riley (Britannia) Singapore (TR(B)S) and is headed by John O’Flaherty as chief executive.
Britannia is beefing up its presence in the Asian market and received an underwriting license in Hong Kong. The Singapore office will look after members in the Asean area as well as India and Australasia.
"The news that Britannia’s Singapore office has been granted a licence to underwrite business so soon after the Hong Kong office is welcome and, again, demonstrates the Club’s commitment to Britannia’s Asian Members, who account for nearly 50% of the Club’s business," said Andrew Cutler, ceo of Britannia and the Managers.
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