|
|
 |
News
Kiln appoints regional treaty reinsurance underwriter in Singapore
1st Sep 2010
Kiln, the international insurance and reinsurance underwriting group, today announces the appointment of Tay Boon Chuan as treaty underwriter in Singapore.
This is a newly created position in Kiln Asia and Boon Chuan will be spearheading the development of a reinsurance treaty portfolio in the region. He will be underwriting for Kiln Syndicate 807, the non-marine Lloyd’s syndicate which has a capacity of £140m for 2010. The syndicate began trading in 1979 and is a market leader in the main classes of business written, specialising in reinsurance treaty and property and medical-expense binding authorities.
Boon Chuan joins Kiln from Asia Capital Re where he held a senior treaty underwriting position, looking after all non-marine classes of treaty business. Prior to that he worked for several years with Swiss Re in the Singapore market.
Neil Wray, managing director Kiln Asia, said:
“Reinsurance treaty is a class of business in which Kiln has a long and distinguished history and this is the first time it has been written from any of our offices in Asia. Having someone with Boon Chuan’s expertise to underwrite the business in the region makes this a very exciting step for Kiln’s Asia business.”
Lloyd Tunnicliffe, Active Underwriter Syndicate 807, said:
“This is an important strategic step for Syndicate 807 as we look to use the Kiln Asia platform to develop new treaty reinsurance business from the region. Boon Chuan’s extensive experience and relationships will allow us to service the local markets, accessing business that would not normally be seen in London.”
Enquiries:
 |  |  | Lloyd Tunnicliffe Active Underwriter Mathers 807 Box 182
|  |
|
 |
|