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Berkshire Hathaway Specialty Insurance Commences Operations in Hong Kong, Announces Local Office Appointments

2015-01-05 16:08
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BOSTON--()--Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has received an insurance license to carry on all classes of General Business in and from Hong Kong and filled several key positions in its newly established Hong Kong office. BHSI's recently appointed President of Asia, Marc Breuil, is also based in this new office.

"We are pleased to commence operations in one of the world's premier insurance marketplaces. With a stellar leadership team, a highly experienced underwriting group, and a strong balance sheet, we are well equipped to provide sound, sustainable insurance solutions to meet the needs of brokers and customers in Hong Kong,” said Peter Eastwood, President of BHSI.

BHSI announced the following appointments in its Hong Kong office:

Ricky Ho is Senior Vice President, Casualty. Ricky joins BHSI with more than 30 years of insurance industry experience spanning both underwriting and claims.

Kai Tse is CFO & COO, Asia. Kai comes to BHSI with more than 20 years of experience in numerous leadership roles in insurance, banking, private equity and risk financing. He is a Fellow of the Casualty Actuarial Society and a Chartered Financial Analyst.

Roseline Liu is Vice President, Casualty. Roseline brings to BHSI over two decades of experience specializing in casualty insurance; and

Rounding out the new Hong Kong based team are Irene Li, Assistant Vice President, Casualty and Ophelia Szeto, Assistant Vice President, Property & Terrorism.

Berkshire Hathaway Specialty Insurance Company holds financial strength ratings of A++ from AM Best and AA+ from Standard & Poor's.

Last month BHSI announced that it had received its license in Singapore.

BHSI's new Hong Kong office is located at:

Suites 2106-10
21/F Devon House
Taikoo Place
979 King's Road
Quarry Bay, Hong Kong
+852 3729-1300

Berkshire Hathaway Specialty Insurance (www.bhspecialty.com) provides commercial property, casualty, healthcare professional liability, executive and professional lines, surety, travel, programs, and homeowners insurance. It underwrites on the paper of Berkshire Hathaway's National Indemnity group of insurance companies, which hold financial strength ratings of A++ from AM Best and AA+ from Standard & Poor's. Based in Boston, Berkshire Hathaway Specialty Insurance has regional underwriting offices in Atlanta, Boston, Chicago, Hong Kong, Los Angeles, New York, San Francisco, Singapore and Toronto.

For more information, contact Marc Breuil at +8523729-1300 or marc.breuil@bhspecialty.com.

Contacts

for Berkshire Hathaway Specialty Insurance
Joann Lee, +1 617-936-2937