3. AIH Underwriting Limited
• Independent, international (re)insurance Labuan
Underwriting Manager
• Established by experienced professionals with a history of
success in underwriting, risk management and capital markets
across Asia, the Middle East, Oceania and Europe
• Structured to offer a flexible approach in a fast changing
environment
• Firmly believing in our ability to find solutions across all
classes of business, including difficult and complex
(re)insurance risks
4. Operating within a Regulated Industry
• Fully licensed under the Labuan Financial Services & Securities
Act 2010 (#US201226) and a Member of the Labuan
International Insurance Association
• Domiciled in a professional and well-respected environment
and appreciating absolutely the importance of strong
corporate governance
• Suitable financial servicing and strict compliance controls in
conjunction with our Labuan service providers
• TOBAs/Binding Authorities all modelled on standard London
Market wordings
5. Our Approach & Core Values
• An independent specialist approach to underwriting, allied with the
freedom of thought that is un-encumbered by the rigidities of
corporate bureaucracies
• With long standing personal relationships built over many years as
well as a network of trusted partners across the globe
• South-East Asian location gives access to all the major International
markets whilst being active in the local time-zone
• Trusted relationships with all stakeholders including risk exposed
clients, broking partners as well as our capacity providers
• Focus on maintaining continuity and mutually beneficial alliances
• Extending independent bespoke service, backed up by personal
commitment, to clients who reward our services solely based upon
our abilities to offer solutions
6. Principal Lines of Business
• Structured Solutions
• Extended Warranty – motor/electrical
• Marine Hull/Protection & Indemnity
• Credit & Surety
• FINPRO
7. Anthony Egerton MA MBA ACII
Principal Officer
Managing Director - Affinity, Asia (2008-11)
President, Asia-Pacific (2003-08)
Managing Director (UK/HK/NY) (1996-2003)
Divisional Director (UK/US) (1983-96)
• Expanded Lloyd’s Asia platform from two to 15 syndicates, winning
British Business Award for Financial & Professional Services 2007,
British Chamber of Commerce
• Established Centre HK post-Asian Financial Crisis, developing one of
the most active specialist structured insurance/finance teams in
Asia, closing transactions generating US$150million of premium in
first three years, several of which featured in consecutive holding
company Annual Reports
8. Structured (Re)Insurance Solutions
• Managing the volatility in ‘baskets’ of risks across multiple
year time horizons
• Single aggregate limit (& sub-limits) of liability over policy
term
• Incorporating limited, but reasonably significant leverage (i.e.
finite risk, not financial (re)insurance)
• Including risks where traditional market solutions are
inefficient or unavailable
• Use of experience account mechanisms and substantial profit
commissions to align interests
• Distribution via traditional (re)insurance broking channels, but
also captive managers, structured financiers and
investment/commercial bankers
• Tend to be non-catastrophic, non-correlated specific risks
• Suitable for captive risk management and contingent capital,
or as ‘quasi-captives’
9. Facility Structure & Operation
• Backed by Kuwait Reinsurance Company (www.kuwaitre.com),
which is rated A- (Excellent) by AM Best and BBB+ by Standard
& Poor’s
• Binding Authority terms and conditions based on latest
London Market Association wordings
• Individual proposals will be sourced/entertained/investigated
fully
• Any potential ‘real deals’ will be structured and negotiated to
assess their suitability
• Suitable risk models will be developed to allocate risk capital
and estimate associated return levels
10. Contact Us
• Anthony Egerton – Principal Officer
– aegerton@aihunderwriting.com
– Mobile / HP + 6591281855
• Gerard L Pennefather - Chief Financial Officer
– gpennefather@aihunderwriting.com
– Mobile / HP + 6594873503
• Iain Herbert - Compliance Officer
– iherbert@aihunderwriting.com
• Cheung Ngai Kay - Operations
– nkcheung@aihunderwriting.com
– Mobile / HP + 6594750740
11. Labuan Management Office
G/F Brighton Place
U0215 Jalan Bahasa
PO Box 80431
87014 Labuan FT
Tel: +60 87 442899
Fax: +60 87 451899
www.aihunderwriting.com
