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WELCOME MESSAGE – SRAS CHAIRMAN

                   Welcome to the 13th Singapore International Reinsurance Conference
                                                             (SIRC).
                                                     This year’s event promises to be another exciting and thought-provoking gathering
                                                     and I am delighted that you are able to join us.

                                                         The 2015 conference will showcase several talented and highly-respected speakers
                                                     and panellists covering a vast range of important and relevant topics facing insurers
                                                     and reinsurers worldwide.

                                                         The event has the theme “Managing risks in an uncertain world” and I believe
                                                     that SIRC provides the ideal platform for us to gather together and debate these issues
                                                     and others affecting our sector and to learn from one another.

                                                         We are joined once again at SIRC by key decision makers and senior management
                                                     executives within the insurance, reinsurance, broking and regulatory communities.
                                                 Staying Relevant
                                                     At this conference, we will launch a thought-leadership report, entitled the Asia
                                                     Reinsurance Pulse. It will give us all unique insights into the market, outlook, and
                                                     trends on pricing, terms and conditions, retention, capacity as well as profitability
                                                     and growth expectations.

                                                         Looking back, when SIRC was launched in 1991, the aim was to give insurance
                                                     professionals a forum to meet and discuss issues of the day, while also scanning the
                                                     horizon for future developments in the market.

                                                         That aim is more relevant today than ever.
                                                         Over the years, SIRC has attracted a loyal following with speakers including
                                                     industry icons sharing their views on the trends in the market and helping to shape
                                                     solutions to challenges.
                                                         It has become the premier event for the reinsurance sector in Asia and, as you will
                                                     be aware, we have announced way back in February that SIRC will be held annually
                                                     from 2017. This is in response to delegates’ feedback and the need for a dedicated
                                                     and centralised forum to meet in preparation for the renewals.
                                                         But SIRC is only a success due to the support of so many people and I believe
                                                     this critical support will continue as we commit to meet annually.
                                                         I hope that you enjoy your time at SIRC and I wish speakers, delegates and guests
                                                     the best for their discussions, both as part of the main conference programme and
                                                     also in the bilateral meetings that take place alongside it.
                                                 A note on the SRA
                                                     When the Singapore Reinsurers’ Association was established in 1979, one of the core
                                                     objectives was to encourage cooperation among companies transacting reinsurance
                                                     business in Singapore.
                                                         Our membership has grown significantly over the past 36 years. With nearly 50
                                                     members now on-board, SRA is able to actively facilitate dialogue, encourage healthy
                                                     market competition and foster strong social bonds within the industry and beyond.
                                                 Optimise your time at SIRC
                                                     Looking ahead, 2016 already looks set to be another year of change and challenge.
                                                         On behalf of the SRA, and our co-organisers, the Reinsurance Brokers’
                                                     Association (Singapore) (RBAS) and the Singapore College of Insurance (SCI),
                                                     I hope that SIRC gives you the platform from which to shape your relationships,
                                                     strategies and ideas for the coming year and beyond.
                                                         With best wishes,

                                                     Thomas Lillelund
                                                     Chairman
                                                     Singapore Reinsurers’ Association

2 SIRC Supplement • November 2015 • www.asiainsurancereview.com
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