Kita extends carbon insurance specialities in Singapore

It aims to offer carbon insurance products that aid carbon projects, carbon credit buyers, and intermediaries in the market.

Kita, a Lloyd's of London coverholder, is expanding its reach to Singapore and Switzerland, building on its existing services in the UK, USA, and Canada. 

This move is part of Kita's broader strategy to extend its global footprint by adding more jurisdictions over time. 

Specialising in bridging the insurance and carbon markets, Kita offers carbon insurance products that aid carbon projects, carbon credit buyers, and intermediaries.

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This helps in mitigating risks in carbon transactions, enabling more efficient capital flow for scaling carbon solutions.

With its expansion, Kita said it is set to offer market participants in more countries the ability to secure their high-quality carbon credit transactions with its specialised insurance products.