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News - Asia: New terrorism insurance vehicle launched

Source: Asia Insurance Review | Apr 2012

A new insurance group specialising in helping companies protect against the threat of a terrorist attack in Asia was launched in Singapore. Xin Consortium comprises four syndicates operating on the Lloyd’s Asia Platform in Singapore – Amlin, Markel, Canopius and Argenta. It received license from the Monetary Authority of Singapore in December last year, but was formed back in March 2011.

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