The Singapore Reinsurers' Association (SRA) yesterday announced its panel programme line-ups and Guest-of-Honour for the Singapore International Reinsurance Conference (SIRC) 2024.
Singapore’s Deputy Prime Minister, Minister for Trade and Industry and chairman of the Monetary Authority of Singapore (MAS) Gan Kim Yong has been invited as the Guest-of-Honour and will deliver the keynote address.
“We are privileged to have Deputy Prime Minister Gan Kim Yong grace SIRC 2024. His presence represents the significant role of reinsurance in Singapore’s economic landscape and underscores the strong relationship the industry enjoys with the MAS,” said chair of SRA Marc Haushofer.
To be held from 4 to 7 November at the Sands Expo and Convention Centre, the SIRC will celebrate its 20th edition together with a distinguished line-up of experts, industry leaders and professionals from around the world.
Anchored on the central theme, 'Revolutionize Reinsurance’, the conference will outline pressing challenges faced by the industry and explore the way forward.
Vision for Economic Growth and Innovation Through Reinsurance
Amidst global uncertainties and geopolitical tensions, the reinsurance sector’s role in ensuring economic stability and managing inflation has never been more paramount. With an overarching vision focused on sustainability, digital transformation and talent development, the conference is expected to highlight critical areas that expand on its theme. This includes the essential role of reinsurance in strengthening the economy and supporting innovation, as well as addressing challenges such as climate change, artificial intelligence (AI) integration and the evolving talent landscape.
Following Deputy Prime Minister Gan’s keynote address, the 20th SIRC will kick off with a highly anticipated segment featuring lead partner Swiss Re Group’s Andreas Berger as he makes his first conference appearance in Asia as the new CEO. Titled “A Conversation with Andreas Berger”, this will be a one-on-one exchange with Mr Berger, delving into his perspectives and vision on climate change, technology, and talent management as he charts the path for the Group.
Panel Discussions Spotlight
As an opening to Day Two, the panel, "Mastering a Sustainable Future in Turbulent Times: A View from the Top", will explore strategies and insights necessary to navigate the complexities of the current reinsurance landscape.
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Amidst global uncertainties and evolving risks, this discussion will feature the following esteemed voices and look into how the industry can remain agile and adaptable.
• Mr Matthew Carletti, Managing Director, Citizens JMP
• Ms Dawn Miller, Chief Commercial Officer, Lloyd’s and CEO, Lloyd’s Americas
• Dr Achim Kassow, Member, Board of Management, Munich Re
Moderated by Mr Clemens Philippi, CEO, MSIG Asia (Singapore), Executive Officer, Mitsui Sumitomo Insurance (Japan).
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The conference continues in the afternoon with the panel “The Fight for Talent: Transforming Perceptions towards (Re)insurance”, which will cover challenges and strategies for attracting and retaining talent within the reinsurance sector to ensure sustainable future growth.
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A pressing issue, this session will examine how the industry can reshape and reposition itself to appeal to the next generation of professionals while fostering a diverse and inclusive workplace. The panel will feature the following experts:
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Ms Wong Sze Keed, CEO, AIA Singapore; Deputy President, Life Insurance Association Singapore
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Ms Valerie Badcock, Director of Operations, Global Operations, Guy Carpenter
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Ms Moira Roberts, Regional Head of Human Resources (Asia Pacific, Middle East, and Africa), Munich Re
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Mr Thomas W. Hofer, Founder and Global Managing Partner, Selion Global
Moderated by Mr James Beedle, who holds the triple hats of CEO, Asia Pacific P&C; CEO, Partner Reinsurance Asia Pte Ltd; and Executive Committee Member of the SRA
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Acknowledging the ever-evolving technological landscape, Day Three focuses on AI and data management, with the latter discussed in the Asian context. Both panels “Can AI Revolutionise the Industry?” and “The Asia Forum: The Devil is in the Data: An Essential Element to Revolutionise our Industry” will see industry experts share their insights and explore how these innovations can drive the reinsurance sector forward. The speaker line-up will be announced closer to the date of the SIRC.
Conversations on Climate Change, AI, Talent Management and Mental Health
As the preeminent reinsurance conference, SIRC 2024 will tackle global challenges and opportunities with insights from prominent industry leaders. Through impactful discussions, the conference seeks to set new standards for resilience and innovation, ensuring the reinsurance sector remains strong, adaptable and forward-thinking.
SRA executive director Jeslyn Tan said, “This conference expresses the industry's urgent need to evolve and address diverse economic and environmental challenges, paving the way ahead for all stakeholders.”
For more information about the conference, registration details and updates, please visit the SIRC website at https://www.sirc.com.sg/2024.