Berkshire Hathaway Specialty Insurance receives Macau operating license.
Global Banking News-October 7, 2016--Berkshire Hathaway Specialty Insurance receives Macau operating license
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Global Banking News - 07 October 2016
Berkshire Hathaway Specialty Insurance Co (BHSI) has received a license to provide insurance and reinsurance in Macau.
The firm said that it has filled key positions in its newly established Macau office.
Marc Breuil, president, Asia, BHSI, said, 'It is a very interesting time in Macau, with continued diversification of the territory's economic profile. We are pleased to expand our Asian footprint and bring to Macau local knowledge and expertise along with BHSI's unique balance sheet and financial strength.'
The company named Yasmin Chan as branch manager and Ivory Chong as underwriting manager for Macau. Chan has close to 20 years of experience.
The firm already has insurance hubs in Hong Kong and Singapore.
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