The Fidelis Partnership (TFP) has announced plans to launch a Singapore-based Lloyd's service company, The Fidelis Partnership APAC (TFP APAC), subject to regulatory approval. The company intends to commence underwriting from 1 January 2027 and will focus on building long-term partnerships in high-growth markets across APAC.
The business will be led by Mr Bilal Zafar as CEO, who joins from Volante Global. With nearly two decades of experience in the (re)insurance sector, Mr Zafar has held senior underwriting and leadership positions across London, Zurich, Singapore and other high-growth international markets. He began his career at Swiss Re and later worked with investment firm GGH.
Mr Zafar will be joined by Mr Liu Song, who was previously Treaty Portfolio Director in Volante Global’s Singapore unit. Mr Liu brings extensive local market expertise and relationships, having started his career at China Re.
Mr Zafar and his team will write a portfolio of proportional and non-proportional treaty reinsurance business across property and engineering, marine and energy, casualty and specialty lines, with capacity provided by Fidelis Syndicates 3123 and 2126 via the Lloyd’s Asia platform.