Asia Mortgage Insurance
More than 20 years of market experience.
First-Loss Credit Protection and More
Arch MI’s strength and innovation were extended to the Hong Kong geographic and mortgage markets with the acquisition of Arch MI Asia Limited (formerly AIG United Guaranty Insurance (Asia) Limited), which began operations in 1999 as one of the first mortgage insurance providers in the territory.
Arch MI Asia has been operating a residential mortgage insurance and reinsurance business to help lenders in Hong Kong make loans to more people while lowering credit-related risk for those lenders. The business complements local government and monetary regulators’ long-term financial policies.
Tak Ming Chung
Chief Eexcutive Officer and Country Manager, Hong Kong
Arch MI Asia provides first-loss credit protection coverage up to a specified maximum loan-to-value ratio (LTV). This insurance protects the lender in the event of credit default by the borrower. The base product is designed for home purchases financed in the local currency.
Arch MI Asia can also reinsure mortgage loans originated by other mortgage insurers, insure bulk/pool structures and design customized programs for other first-lien mortgage originators.
Our primary customers are authorized financial institutions in Hong Kong.