SIRC 2019


GR SIRC 2018: day 3 live

Read the third and final day of GR’s coverage of the Singapore International Reinsurance Conference 2018


GR SIRC 2018: day 2 live

Read the second day of GR’s coverage of the Singapore International Reinsurance Conference 2018


GR SIRC 2018: day 1 live

Read the first day of GR’s coverage of the Singapore International Reinsurance Conference 2018

Farny and Eckl

Q&A with Munich Re’s Farny: contrasting Asian insurtech with Europe

Tobias Farny is Munich Re’s chief executive for the Asia Pacific markets of China, Hong Kong, Taiwan, Australia and New Zealand

WhatsApp Image 2019-10-31 at 04.47.56 (1)

Resilience focus amid worsening global macro conditions – Swiss Re

Chief economist briefing emphased the ‘R’ word(s): trade war is risk number one; recession in the US 35% likely; and resilience in the global economy is worse than before the financial crisis

panel day three SIRC 2019

Broker role under threat? - SIRC panel debate

A panel debate at the end of the SIRC conference asked whether traditional broking is dead and how it should evolve

Neal in Singapore

Asia remains “pivotal” to Neal’s Future at Lloyd’s plan

Lloyd’s CEO John Neal addressed SIRC 2019 about Asia’s place within the Blueprint One strategy for the future at Lloyd’s


Singapore pushing itself as ILS hub; new lines added to Belt & Road consortium

A government minister’s speech at SIRC 2019 emphasised three issuances so far, encouraging more Asian cat bond business to come to the Southeast Asian city-state


GR at SIRC 2019: Day 3 live & free to read

Catch up with all the news on the third day of the 16th Singapore International Reinsurance Conference (SIRC)

James Beedle PartnerRe

Pointless continuing reinsurance relationships on bad terms – PartnerRe’s Beedle

Pricing inadequacy means saying no to some business, stresses PartnerRe’s Asia Pacific CEO

TMK photo

Q&A with TMK: Cyber risk does not recognise borders

There has never been a better time to buy cyber insurance. Despite this, there is still a concerning lack of take-up among Asia’s insurance buyers, according to Alex Jomaa (pictured), cyber underwriter at Tokio Marine Kiln

Trustre290720193087 - Copy

Al Zain’s mission to rebuild Trust Re

Transparency for investors and clients together with “institutionalising” corporate governance, are at the centre of Trust Re’s new chief executive’s plan to return the reinsurer to a growth trajectory


GR at SIRC 2019: Day 2 live & free to read

Catch up with all the news on the second day of the 16th Singapore International Reinsurance Conference (SIRC)

SIRC 2019 opening debate

The future of the industry - SIRC 2019 opening debate

This year’s event is “the largest SIRC ever”, organisers boast, welcoming 1,130 delegates from more than 400 organisations and 53 countries to Singapore


Hong Kong situation highlights competing regional hubs

Tony Gallagher, reinsurance broker Guy Carpenter’s CEO of Asia Pacific answers GR’s questions, as the region’s reinsurance players meet for the annual SIRC rendezvous in Singapore

Steve Arora_Axis

Axis Re targets Asian health business, sets new priorities amid shifting standards

China, India and Vietnam represent health reinsurance opportunities


New Dawn Risk focusing on fac to treaty transformation

Smaller Asian insurers have had limited provision under reinsurance treaties to write professional lines business, relying on fac placements, something broker New Dawn Risk is trying to change


Emerging Asia dominates Aon study of geographic opportunities

Malaysia, Indonesia, and Singapore were ranked in top positions in a country opportunity index

Brad Weir1

Aon: Developing the Asian modelling landscape

Catastrophe risk poses one of the big challenges for Asia Pacific’s economies. Modelling solutions need to keep up with the reinsurance market’s developing exposures, Brad Weir, Head of Analytics for Asia at Aon’s Reinsurance Solutions business tells GR.


GR at SIRC 2019: Day 1 live & free to read

Catch up with all the news from the first day of the 16th Singapore International Reinsurance Conference (SIRC)

HK protests

The Hong Kong protests: What if the government labels them terrorism?

Defining the pro-democracy protests as terrorism could impact insurance policies, as the cost of the demonstrations continues to rise

Corporate Photo - MARC_HAUSHOFER

Winds of change: 16th SIRC welcomes delegates with 2019 theme

Q&A with Marc Haushofer, SRA chairman and honorary advisor to the organising committee for the 16th Singapore International Reinsurance Conference (SIRC)

Peter Schmidt_AXA XL Reinsurance_1b

AXA XL: Addressing emerging Asia’s protection needs

Q&A with Peter Schmidt, chief executive, MEA, APAC, LATAM, Credit & Surety, AXA XL Reinsurance, a division of AXA

shanghai insurtech china innovation

Insurance should cater to Asia’s emerging middle class – Peak Re

The insurance protection gap in emerging Asia has been exasperated by insufficient protection through social security, according to Hong Kong-based reinsurer Peak Re

Satyajit Tripathy

GIC Re: Pricing has not matched growth

Q&A with GIC Re General Manager Satyajit Tripathy, who explains that even after significant loss events Asian prices have barely budged

singapore bank financial centre asia china

Beazley reveals Asia Pacific growth strategy amid underwriting expansion

Beazley is expanding its Asia Pacific underwriting footprint. The specialist insurer said it has made a strategic investment in the region to facilitate its expansion.

Pierre Vende

Aon: Matchmaking for life

Asia’s life and health (L&H) reinsurance market is changing, with fresh entrants and a change of products being sold on the primary side, according to Pierre Vende, Head of Accident, Health and Life, Aon Reinsurance Solutions.


Japan’s Typhoon Hagibis to cost insured losses of $8-16bn, according to AIR

Catastrophe risk modeller AIR Worldwide said more than half of the losses would come from inland flooding


Contingency focus for Beazley in Asia

From K-Pop concerts to the Singapore Airshow, contingency covers are in demand in Asia

WhatsApp Image 2018-10-30 at 17.58.59

Munich Re differentiating via services

Cyber, analytics and advisory skills mark out Munich Re’s approach from rivals, its two top Asia Pacific executives told GR


Typhoons creating demand for backup covers

Recent nat cat activity and particularly Typhoon Jebi in Japan have created demand for backup covers

Brian Duperreault

ILS is needed to transfer cyber risk – AIG’s Duperreault

The ILS market needs to turn its guns on cyber risk, if the emerging threat is to be contained, Brian Duperreault told SIRC 2018

Heng Swee Keat MOF

Singapore’s finance minister opens SIRC 2018

Singapore’s minister of finance addressed SIRC 2018 as the official keynote speaker and guest of honour

singapore bank financial centre asia china

Regional hubs Dubai and Singapore have much in common

Roger Bickmore hosted a GR roundtable discussion at SIRC 2018 on the links between Asian reinsurance and MENA business


Six themes from NMG reinsurance study

A global study looking into the problems facing reinsurance has revealed six major challenges for the market to overcome.


China flood model “first of its kind” - JBA

JBA has released a new flood model for China, which it said is the first of its type

Canopius new hires

Canopius makes Singapore hires to boost AsiaPac arm

The global specialty re/insurer announced four new hires in Singapore to further its regional expansion


Reducing Indonesia’s protection gap

Protectionism versus the protection gap. By David Benyon

steve hearn ceo ed

How long until a Chinese broker is in the global top ten?

Steve Hearn, CEO of Ed, spoke to GR about Chinese investment, broker consolidation, and growth prospects in Asia

china zhong an

“Super regulator” driving Chinese market acceleration – JLT Re

Market developments, M&A activity, technological innovation and regulatory change are all factors in China’s market acceleration, according to reinsurance broker JLT Re


Hitting the ground running: Beazley Asia Pacific's CEO, Lucien Mounier

Interview with Lucien Mounier, CEO, Beazley Asia Pacific


ACR is up for sale, again – Bloomberg report

Singapore-based reinsurer ACR is looking for a new buyer, with a reported $800m price tag

singapore bank financial centre asia china

Canopius makes Singapore hires to boost Asia Pacific business

The global specialty re/insurer announced four new hires in Singapore to further its regional expansion

china market asia lantern east

TMK reorganises in Asia – closes HK office

Tokio Marine Kiln’s Hong Kong underwriting business goes into run-off


Trust Re sets out commitments after AM Best downgrade

Bahrain-based reinsurer intends to bounce-back with strong focus on partnerships and claims management


Asia cats cost AIG $1bn in Q3

Typhoons Jebi and Trami led Q3 cat losses of around $1.5-1.7bn


Japan’s Typhoon Jebi cost Swiss Re $500m in Q3

Swiss Re’s natural catastrophe claims burden of $1.1bn in the third quarter was dominated by Japanese weather-related losses