UK broker receives general insurance license in Hong Kong

U.K.-based insurance and reinsurance broker RFIB Group Ltd.'s Hong Kong subsidiary has received approval to conduct general insurance business in the territory, Asia Insurance Review reports. Stephen Warwick, chief executive of RFIB Hong Kong, said, "We will have our Hong Kong team in place by the end of October and will continue to build our local resources to provide choice and expert services to the region, supported by the global RFIB Group."

Read more.