International mutual marine insurer The Swedish Club has marked the 35th anniversary of its Hong Kong office, celebrating the firm’s steady and consistent growth in one of Asia’s most important harbours.
“When we established The Swedish Club in Hong Kong in 1982 we saw a great opportunity to establish a foothold in Asia,” commented Lars Rhodin, managing director of The Swedish Club. “At that time Hong Kong had one of the busiest container ports in the world with sophisticated communications and an advanced banking infrastructure.”
He added: “A great deal has happened since then, and the world has seen the importance of Asia in the marine insurance industry increasing. Trade and shipping go hand in hand and we are delighted to have been, and to continue to be, part of the growth.”
The company also announced the promotion of Brian Png to deputy managing director for Hong Kong, effective January 01, 2018. Currently the firm’s senior marketing manager, Png is well-known in the Hong Kong shipping community, having joined The Swedish Club in 2009.
The Swedish Club was founded by several shipowners in 1872, and it later grew into a global mutual marine insurance company, owned and controlled by its members. It writes various marine insurance classes, including protection & indemnity, freight, demurrage & defence, hull & machinery, hull interests, loss of hire, and war risks.
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