Dual launches title insurance line in Asia-Pacific [Yahoo! Finance]
SWISS RE LTD S/ADR (SSREY)
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Source: Yahoo! Finance
The initiative, led by Dual Asset, aims to enhance support for commercial real estate and mergers and acquisitions (M&A) transactions across several key markets in the region. Dual Asset's new business line will concentrate on real estate transactions involving commercial properties in Australia, New Zealand, Hong Kong and Singapore. It will also cover M&A transactions with target companies and trusts across markets including Japan and South Korea. The new product line-up is designed to provide comprehensive coverage for real estate titles, addressing potential issues or defects. The offerings also include title insurance for securities such as shares and units, and fundamental warranty top-up insurance, known as excess warranty and indemnity. These customised title insurance products are tailored to help sellers, buyers and financiers manage and allocate the legal and financial risks that arise during transaction processes. AXA XL, Dual Asset's long-standing title insura
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