Statement
Transport Security Insurance (Pte) Ltd (registration number: 198900528R) is incorporated and domiciled in Singapore. The address of its registered office is 8 Marina View, #09-05 Asia Square Tower 1, Singapore 018960.
The principal activities of the Company are those of a Captive insurance company licensed under the Insurance Act 1966.
The Company only underwrites the risks of its parent and related corporations (not third party risks) as defined under Sections 5 and 6 of the Companies Act 1967 and such other risks as the Monetary Authority of Singapore may allow. The Company has ceased underwriting activities on 30 September 2005 and is handling the run-off of the accepted claims liabilities.
The immediate and ultimate holding company is Healius Limited, incorporated in Australia. The Company is managed by a captive manager as it has no full-time employees.