Asia Specialty Insurance Ltd (formerly known as Asia Insurance Ltd) was established in Labuan in 2012 with a paid up capital of USD 3,356,994 and which will be increased to USD 50,000,000. With the intention to increase the capitalization significantly, the company is attempting to get an international credit rating from a reputable rating agency, AM Best.
ounded in 1959 by our late Chairman, Mr. Chin Sophonpanich, Asia Insurance is now one of the leading general insurers in Hong Kong under the chairmanship of Mr. Robin Chan and President Mr. Bernard Charnwut Chan.
The company would be underwriting-focused, and wish to establish itself as a reputable reinsurer in the region which offers good service including that of claims. The company would rely on its network of regional brokers and strategic alliances to develop its business.