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Reinsurance News

Industry taskforce proposes taxonomy and launches environmental risk management handbook to support green finance

The Green Finance Industry Taskforce (GFIT), convened by the Monetary Authority of Singapore (MAS), issued a consultation paper on a green and transition taxonomy for Singapore-based financial institutions and launched an environmental risk management (ENRM) handbook for banks, insurers, and asset managers today. 

SIRC becomes a virtual success

The Singapore International Reinsurance Conference (SIRC) has evolved rapidly over the last five years.

From being once every two years, sharing its seasonal slot with the East Asia Insurance Congress, it became annual, and now in its very latest format, the organisers made the bold decision to go virtual at short notice.

One clear benefit was not getting lost in the (rather gloomy) hallways of the Marina Bay Sands whilst late for a meeting on the other side of the conference hall.

SRA launches 'Parametric Risk Solutions' white paper

In conjunction with the opening of the first-ever SIRC 2020 Re-Mind virtual conference and networking event, the SRA launched its 'Parametric Risk Transfer' white paper, which was acknowledged in DPM Heng's Official Keynote Address at the opening of the virtual event. The paper, which was authored by the SRA Technical Sub-Committee, seeks to raise awareness of Parametric Risk Transfer solutions and how they can potentially help narrow the huge protection gap in Asia.

Speech by Deputy Prime Minister, Coordinating Minister for Economic Policies and Minister for Finance, Mr Heng Swee Keat, at the SIRC 2020 Re-Mind on 2 November 2020

At the Opening Ceremony of the SIRC 2020 Re-Mind Virtual Conference and Networking event on Monday, 2 November 2020, the distinguished Guest-of-Honour, Deputy Prime Minister, Coordinating Minister for Economic Policies and Minister for Finance, Mr Heng Swee Keat delivered the Official Keynote Address and announced