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A number of further Lloyd's businesses are looking to add their weight to the London market's Singapore hub, the Lloyd's market's Asia head has said.
More Lloyd's syndicates are looking to make the move into its Singapore hub for Asian reinsurance business, Kent Chaplin, head of Asia Pacific at Lloyd's told Reactions.
Chaplin was speaking with Reactions at this week's Singapore International Reinsurance Conference (SIRC).
"There are a number of syndicates looking to start soon," said Chaplin at SIRC. "Another four or five are seriously interested.
"We're encouraging syndicates to set up in Singapore that will bring new business, new products, and complement our existing platform," he added.
Lloyd's Singapore has grown to 24 syndicates since...