Asia risks

The Standard Syndicate (Syndicate 1884) has announced it is to underwrite a broad range of marine and energy insurance covers throughout Asia through a new Lloyd’s Asia service company, The Standard Syndicate Services Asia Pte. Ltd. The service company has received regulatory approval from the Monetary Authority of Singapore and Lloyd’s Asia to commence underwriting. The Standard Syndicate 1884 was established by The Standard Club, a leading marine protection and indemnity (P&I) mutual insurer. It commenced underwriting on 1 April 2015 and offers a range of marine and marine energy covers.