Britannia P&I is close to concluding the acquisition of two more correspondents in Asia as it seeks to strengthen its global network.

The protection and indemnity club has traditionally worked with exclusive independent correspondents around the globe.

A deal has already been concluded for exclusive correspondent Britannia Hong Kong, to be renamed TR (B) Hong Kong.

This month, Britannia is set to conclude a deal to acquire Pandisea in Singapore and rename the company TR (B) Singapore.