The Monetary Authority of Singapore (MAS) today announced new senior management appointments and changes to its organisational structure. The senior management appointments are part of an ongoing process to renew and strengthen MAS’ leadership bench. The organisational changes will help strengthen synergies across key capabilities or functions in MAS. All the appointments and organisational changes below will take effect from 1 May 2019 unless otherwise stated.

2    Two Assistant Managing Directors will move up to take on Deputy Managing Director positions:

With the 15th SIRC just two weeks away, and cyber risks becoming all pervasive, the Organising Committee has decided to add a Special Keynote by Mr Peter Hacker, Co-founder and Partner of Distinction.Global, on “Silent Cyber Risks – the Ticking Time Bomb” on Tuesday, 30 October from 11.30am to 12.00noon.

Singapore Finance Minister Mr Heng Swee Keat will be the Official Keynote Speaker and Guest-of-Honour at the 15th Singapore International Reinsurance Conference (SIRC), with AIG President and CEO Mr Brian Duperreault as the Industry Keynote Speaker. Minister Heng, a core member of Singapore’s fourth-generation (‘4G’) leadership, chairs the tripartite Future Economy Council, and will add clout to the 15th SIRC whose theme is “Reinsurance Reloaded”.



The SRA has announced the line-up of its Executive Committee (EXCO) for the 2018/2019 term of office with Mr Marc Haushofer, Chief Executive Officer, Asia Pacific & Executive Vice President of Validus Reinsurance Company, recently re-elected as SRA Chairman at a Special Executive Committee meeting.


The 15th Singapore International Reinsurance Conference (SIRC), the leading platform for the global reinsurance industry to gather in Asia, will get a boost in 2018 with Mr Brian Duperreault, President and CEO of global insurer AIG and Insurance Hall of Fame laureate as the keynote speaker to share his deep insights and expertise in both the insurance and reinsurance industry.

The reinsurance industry stands at a crossroads, driven by powerful winds of change – the rapid pace of technological advancements that present opportunities and challenges by external disruptors and cyber threats – which has sparked the re-imagining of a new industry ecosystem, fuelled by digitalisation, innovation, transformation and greater cross-industry collaboration, and marks the dawning of the industry’s Fourth Industrial Revolution.


Commenting on a new report released by Lloyd’s and Cyence on 17 July - "Counting the Cost: Cyber Exposure Decoded", Kent Chaplin, Chief Executive of Lloyd's Asia Pacific suggests that Asia remains under-insured and economically vulnerable to cyber-related threats. While awareness and demand for cyber cover are growing, Asia is still slower in taking up cyber insurance com