Lloyd's Hong Kong is delighted to be celebrating its 20th anniversary this year and is looking forward to many more as the Lloyd's syndicates and coverholders in Hong Kong continue to support the development of the insurance market there.
In 2012, Lloyd's Hong Kong launched Vision 2025 -- a brand new strategy to help position Lloyd's to take advantage of opportunities presented by the world's developing economies and to deepen connections with those international markets in which Lloyd's does business.
The aim is to ensure that Lloyd's remains the global centre for specialist insurance and reinsurance. Market oversight remains a key focus as Lloyd's Hong Kong seeks the optimum balance between stimulating growth while protecting the market's security and reputation.
The existing strengths and expertise of the market, combined with developments in analytics and technology, provide a strong basis from which Lloyd's Hong Kong hopes to develop this capacity for innovation into a sustainable competitive advantage.