HSC Insurance GroupDelegated Authority
Binding, not fronting
We underwrite within agreed treaty terms and bind on behalf of our reinsurer panel — the capital sits with them, the underwriting judgement and local market access sits with us.
Managing General Agent · Coverholder
Underwriting capacity,
regionally deployed.
HSC Insurance Group binds and administers commercial risk on behalf of reinsurance capacity across China, South Korea, the United Kingdom, Singapore and Malaysia — combining local underwriting judgement with the balance sheets to stand behind it.
Capacity Flow — Illustrative
Who We Are
We hold the pen.
Reinsurers hold the risk.
HSC operates as a Managing General Agent and reinsurance coverholder — underwriting, binding, and administering policies on a delegated authority basis, within risk appetite and limits set jointly with our capacity partners.
Regional Reach
Five markets, one pen
Active treaty relationships spanning China, South Korea, the UK, Singapore and Malaysia give us the breadth to place risk where it's underwritten best, not just where it's submitted.
Specialty Focus
Built for complexity
We specialise in lines that need underwriting judgement, not just rating tables — commercial property, marine cargo, and emerging specialty risk including EV and warranty business.
Capacity
Reinsurer panel, by market
Each market brings its own appetite, limits and class focus. Panel composition shown here is illustrative pending final treaty disclosure.
China
CN Panel
- Marine cargo & hull
- Specialty EL/WC
- Inward facultative
Status: active treaty — terms under renewal
South Korea
KR Panel
- Real estate
- Property
- High-end medical
Status: active treaty — high volume
United Kingdom
UK Panel
- Commercial property
- Specialty casualty
- Capacity oversight
Status: active treaty — Lloyd's-aligned
Singapore
SG Panel
- SME & commercial P&C
- Warranty & extended cover
- Regional fronting
Status: active treaty — home market
Malaysia
MY Panel
- Commercial property
- Trade credit support
- SEA distribution
Status: active treaty — capacity scaling
Lines of Business
Where we underwrite
Focused capacity, not a broad panel of everything. We go deep in lines where regional underwriting judgement changes the outcome.
LOB
Commercial Property & SME Package
Risk-graded underwriting for small and mid-sized commercial accounts, with fast quote-bind cycles for brokers placing volume business.
LOB
Marine Cargo
Open cover and single-shipment placements across regional trade lanes, underwritten with cargo-specific loss experience rather than generic rating.
LOB
Specialty & Extended Warranty
Including EV battery and component warranty products — emerging risk classes where reinsurer comfort depends on underwriting discipline, not just price.
LOB
Trade Credit & Political Risk Support
Selective participation alongside our Malaysia and China panel, for cedants needing regional credit risk perspective.
For Brokers & Cedants
How a submission
moves through HSC
A fixed sequence, run the same way for every account — so brokers know what to expect and when.
01
Submission received
Risk details, loss history and terms sought are logged against the relevant treaty and class.
02
Underwriting review
Assessed against panel appetite and binding authority limits; referred to capacity partners where required.
03
Terms issued
Quote returned with clear conditions, sub-limits and any subjectivities — no terms held back for negotiation theatre.
04
Bound & administered
Policy issued and administered by HSC for the life of the risk, including claims coordination with the panel.