BOSTON--(BUSINESS WIRE)--Berkshire Hathaway Specialty Insurance Company (BHSI) today announced that it has received a license to provide insurance and reinsurance in Macau and filled key positions in its newly established Macau office.
“It is a very interesting time in Macau, with continued diversification of the territory’s economic profile,” said Marc Breuil, President, Asia, BHSI. “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.”
Beginning immediately, BHSI Macau will be providing commercial property, energy, construction, terrorism, casualty, executive and professional lines, surety, accident and health, and marine insurance.
The addition of the Macau office expands BHSI’s regional presence in Asia, which already includes the insurance hubs in Hong Kong and Singapore.
The company named Yasmin Chan as Branch Manager, and Ivory Chong as Underwriting Manager, in Macau. Yasmin comes to BHSI with 20 years of experience in the Macau insurance and reinsurance market. She holds a Bachelor in Business Administration degree from the University of Macau.
Ivory joins BHSI with more than 15 years of industry experience, including more than a decade in the Macau market. She holds a Bachelor of Science degree in Economic Law from Shanghai Jiao Tong University.
BHSI’s new Macau office is located at:
14 C, Avenida do Infante Dom Henrique, Nos. 43-53A
The Macau Square
Berkshire Hathaway Specialty Insurance (www.bhspecialty.com) provides commercial property, casualty, healthcare professional liability, executive and professional lines, surety, travel, programs, medical stop loss, and homeowners insurance. The actual and final terms of coverage for all product lines may vary. In Asia, it underwrites on the paper of Berkshire Hathaway Specialty Insurance Company, which holds financial strength ratings of A++ from AM Best and AA+ from Standard & Poor’s. Based in Boston, Berkshire Hathaway Specialty Insurance has offices in Atlanta, Boston, Chicago, Houston, Irvine, Los Angeles, New York, San Francisco, San Ramon, Seattle, Stevens Point, Auckland, Brisbane, Düsseldorf, Hong Kong, Melbourne, Singapore, Sydney and Toronto. For more information, contact firstname.lastname@example.org.