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FINANCIAL SERVICES | , Singapore
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Britannia P&I gets licence to underwrite business in Singapore

It will handle the club’s members in the ASEAN, India, and Australasia.

Britannia P&I Club was granted a licence by the Monetary Authority of Singapore (MAS) to underwrite business from its Singapore branch, according to an announcement.

The Singapore office will look after Britannia’s ASEAN countries members as well as its members in India and Australasia. It will also assist where required with all members’ claims arising in the ASEAN region, in association with Britannia’s local port correspondents.

The Singapore branch will be managed by Tindall Riley (Britannia) Singapore (TR(B)S) and is headed by John O’Flaherty, chief executive.

Joining O’Flaherty are lawyer Derek Birch, Capt. Rajesh Raman, Capt. Nasir Subahrie, Sivakami Moorthy, Victoria McFarlane, as well as Capt. Ajit Karande, who will handle correspondent work and oversee Britannia’s ASEAN correspondents.

Previously, the P&I club’s Hong Kong branch also received an underwriting licence from Hong Kong’s insurance regulatory, the Insurance Authority.

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