13 Sep 2006 09:00
Kiln PLC13 September 2006 Kiln plc Kiln and Cahill launch new underwriting operation in Singapore R J Kiln & Co Limited (Kiln) and the John Cahill Group announce the launch of anew joint venture company in Lloyd's Asia dedicated to underwriting Asian marinebusiness: Kiln Marine Singapore Pte Ltd. The new company is due to startunderwriting on 1 October 2006. Kiln Marine Singapore is a subsidiary of International Marine (UnderwritingAgency) Limited, the joint venture company operated by Kiln and the John CahillGroup. It will underwrite cargo business throughout south east Asia, with anemphasis on the frozen food industry and cargo rejection insurance, on behalf ofKiln's Lloyd's Syndicate 510. Charles Franks, active underwriter of Kiln's marine division of Syndicate 510said: 'Singapore offers an exciting opportunity for Kiln to extend the reach of itsbrand in an area that we see as offering great potential.' 13 September 2006 Enquiries: Kiln plc 020 7886 9000Charles Franks, active underwriterKate Rogers, head of corporate communications Kiln Marine Singapore Pte Ltd 020 7617 4750Andrew Welfare, director College Hill 020 7457 2020Roddy WattTony Friend This information is provided by RNS The company news service from the London Stock Exchange