Insurer Britannia P&I has won approval to underwrite business from its Hong Kong office.
The protection and indemnity club said the territory's insurance regulator, the Insurance Authority (IA), has granted a licence in a move in line with the club's strategy of ‘think global, act local’.
This has seen new exclusive correspondents opening in Taiwan and Denmark, as well as the recent purchase by Britannia's manager Tindall Riley of Britannia's exclusive correspondents in Japan and Singapore.
