Singapore Reinsurers' Association

Season's Greetings from the SRA Team!   Wishing everyone a Merry Christmas and a New Year filled with happiness, success, and endless opportunities. Kenrick Law James Beedle Ann Chua Emma Loynes Cindy Foo Victor Kuk Michael Hauer Mukul Kishore Richard Lim Jeslyn Tan

[Throwback] On November 6th, we had the pleasure of celebrating the retirement of our Chair, Mr. Marc Haushofer, after 8 years of dedicated leadership and invaluable contributions to the Singapore Reinsurers’ Association (SRA) and the reinsurance industry. The SRA Team extends our heartfelt gratitude to everyone who joined us in marking this special occasion and celebrating Marc's remarkable milestone. We wish him continued success, joy, and fulfilment in his next chapter. Kenrick Law Ann Chua Richard Lim Emma Loynes James Beedle Cindy Foo Mukul Kishore Michael Hauer Jeslyn Tan #SRA

Congratulations to five of our SRA Executive Committee members for being recognized for their leadership, innovation, and industry contributions to the reinsurance industry! Learn more over at : https://lnkd.in/ggDQ7eQV Kenrick Law Richard Lim Ann Chua James Beedle Emma Loynes Marc Haushofer Victor Kuk Cindy Foo Mukul Kishore Michael Hauer Jeslyn Tan Aisyah Fuad Joanna Tan, IHRP-SP Kieran Hamill Siew Sze Lee Olga Petrenko, CFA

The Singapore International Reinsurance Conference (SIRC) 2024 has come to a close, bringing together more than 3,300 speakers and delegates from across 69 countries over the last four days. As we conclude SIRC 2024, we reflect on the meaningful dialogues and ideas exchanged. Against the backdrop of a rapidly evolving global risk environment, industry leaders and experts came together to tackle some of the sector’s most pressing issues, setting the course for the industry in the coming year. Now more than ever, we must champion resilient collaborations and prioritize sustainable strategies to navigate the complexities ahead. Our deepest gratitude to all our speakers and valued partners. Special appreciation goes to Swiss Re, S&P Global, Allianz, AXA, Gallagher Re, General Insurance Corporation of India (GIC Re), Guy Carpenter, Howden Re, Moody's, Verisk, Lloyd's, AM Best, MS Amlin and Munich Re. Your support was instrumental in making SIRC 2024 a success. A heartful thank you to everyone who participated actively throughout the four days as well – be it during the panel discussions or the series of meetings happening at the sidelines. We look forward to welcoming everyone back next year at the SIRC 2025 to continue revolutionizing reinsurance together and building an ever-resilient industry. Marc Haushofer Kenrick Law Richard Lim Ann Chua Emma Loynes Michael Hauer Mukul Kishore Cindy Foo James Beedle Victor Kuk Jeslyn Tan   #20SIRC #SIRC #RevolutionizeReinsurance #SRA

Thank you DPM Gan Kim Yong for gracing Singapore International Reinsurance Conference (SIRC) 2024, and for your insightful keynote. We, likewise, look forward to continue working closely with yourself and the Monetary Authority of Singapore (MAS) to build a future-ready and resilient sector, supporting Singapore and the region. #20SIRC #SIRC #RevolutionizeReinsurance #SRA

That’s a wrap! What an extraordinary Singapore International Reinsurance Conference (SIRC) that we've had this year! From insightful keynote speeches and engaging panel discussions to fruitful meetings and new friendships forged, the past four days showcased the true spirit of the industry in forging a path forward together. We are heartened by the active participation of everyone involved. Let’s carry forward the momentum, connections and transformative ideas into next year’s business! Marc Haushofer Kenrick Law Ann Chua Richard Lim Emma Loynes Victor Kuk James Beedle Cindy Foo Mukul Kishore Michael Hauer Jeslyn Tan #20SIRC #SIRC #RevolutionizeReinsurance #SRA

The Singapore International Reinsurance Conference (SIRC) enters Day 4! As we move into the final day, we’re excited for our delegates to continue the productive meetings that have marked the last few days. Today offers attendees one last opportunity to make new connections, learn about the latest transformative ideas in the sector and engage in conversations that will define the course of next year's business. Let’s make this last day meaningful and memorable! Marc Haushofer Kenrick Law Richard Lim Ann Chua Emma Loynes Michael Hauer Victor Kuk Cindy Foo Mukul Kishore James Beedle Jeslyn Tan #20SIRC #SIRC #RevolutionizeReinsurance #SRA

Missed the panel discussions from the Singapore International Reinsurance (SIRC) 2024 Day 3? Here are some key insights – Led by Mr. Ian Chapman-Banks, the morning panel tackled the topic of artificial intelligence (AI), featuring Mr. John Maroney, Ms. Wenwen Chen, Ms. Sofia Kyriakopoulou, and Ms. Anne-Kathrin Lohbeck. While the speakers agreed that AI provides tremendous opportunities for the sector to enhance performance and efficiency, they also raised potential risks, recommending that companies establish strong risk management frameworks to safely navigate AI adoption. Keeping with the momentum, the afternoon panel shifted to data management with Ms. Hui Yen Tai, Ms. Anusha Thavarajah, Mr. Derek Shi, Mr. Masaru Kikukawa, and Mr. Rob Newbold as they discussed the critical role of data as the industry’s “gold”. The panel underscored the importance of careful data collection, which will be crucial for useful insights and building more accurate predictive models. Organizations that make data the core of what they do will reap the benefits in the long run. With this, it wraps up three days of robust panel discussions at the SIRC 2024. We look forward to seeing everyone for the final day tomorrow! Marc Haushofer Kenrick Law Ann Chua Richard Lim James Beedle Emma Loynes Michael Hauer Victor Kuk Cindy Foo Mukul Kishore Jeslyn Tan #20SIRC #SIRC #RevolutionizeReinsurance #SRA

Day 3 of the Singapore International Reinsurance Conference (SIRC) 2024 is in full swing, packed with more thought-provoking conversations! Look forward to the panel “Can AI Revolutionize the Industry?” with Mr. Ian Chapman-Banks, Mr. John Maroney, Ms. Wenwen Chen, Ms. Sofia Kyriakopoulou, and Ms. Anne-Kathrin Lohbeck as they engage in an exciting discussion on the role of AI in the sector. Following this, Ms. Hui Yen Tai, Ms. Anusha Thavarajah, Mr. Derek Shi, Mr. Masaru Kikukawa, and Mr. Rob Newbold will take the stage for “The Asia Forum: The Devil is in the Data: An Essential Element to Revolutionize our Industry”, exploring how the availability and robust management of data can reshape the industry’s future. Access the full programme for SIRC 2024 here: https://lnkd.in/grsQbmSQ Marc Haushofer Kenrick Law Richard Lim Ann Chua Emma Loynes Michael Hauer James Beedle Cindy Foo Mukul Kishore Victor Kuk Jeslyn Tan #20SIRC #SIRC #RevolutionizeReinsurance #SRA

Day 2 of the Singapore International Reinsurance Conference (SIRC) saw invaluable insights from two robust panel discussions. In the opening panel addressing the realities of the current risk environment, Mr. Matt Carletti, Ms. Dawn Miller, Dr. Achim Kassow, and Mr. Clemens Philippi comprehensively discussed resilience building from multiple fronts. Key points include the importance of long-term partnerships, embracing new technologies as a co-pilot to the industry, and being intentional in attracting and retaining talent for the sector to navigate the volatility of a rapidly changing world. The discussion then turned to the fight for talent, where Ms. Sze Keed Wong , Ms. Valerie Badcock, Ms. Moira Roberts, Mr. Thomas W. Hofer, and Mr. James Beedle highlighted the limited understanding of the sector and the perceived lack of clear career paths as key obstacles to attracting and retaining talent. This points to the importance for companies to articulate clear purpose, provide equal opportunity, and prioritize flexibility to support a diverse talent pool. Look forward to Day 3 of SIRC 2024 tomorrow where we continue important conversations that pave the way forward. Stay tuned! Marc Haushofer Kenrick Law Ann Chua Richard Lim Emma Loynes Michael Hauer Cindy Foo Victor Kuk Jeslyn Tan #20SIRC #SIRC #RevolutionizeReinsurance #SRA