Last week three of our team went to Singapore to fly the flag and support clients at the 16th Singapore International Reinsurance Conference (SIRC) – 29th October to 01st November. This was our fifth year attending the conference and it has gone from strength to strength. Our top five highlights were:
The conference
The theme of this year’s event was ‘Winds of Change’ and explored the challenges facing the reinsurance industry – a poignant theme given the economic, political and environmental headwinds facing the world today. The calibre of the speakers was second to none, with keynote speeches from John Neal (CEO of Lloyd’s), Dominic Christian (global chairman of reinsurance solutions at Aon), Tobias Poensgen (CEO of Momentum Capital), and Indranee Rajah (a senior government minister in Singapore).
The topics covered at the conference stimulated debate among attendees, from how the industry addresses sustainability and diversity, and how reinsurance can make the world more resilient, to how insurers, brokers and reinsurers see each other’s roles in the future.
The location
Home to excellent facilities and an established business environment, Singapore is the ideal destination for Asia’s foremost insurance gathering. The city is also notable for some of its modern infrastructure, such as the Marina Bay Sands Sky Park and Gardens by the Bay (which are just moments away from the conference). All in, whether you’re inside or outside the conference set-up, there’s plenty of choice for anything you need, all within easy distance. And it’s fun, and safe.
Our party
For the second year running, Haggie Partners teamed up with the Eliot Partnership to host a cocktail reception at Adrift in the Marina Bay Sands hotel. Nearly 100 guests came on the evening – including friends of both businesses, local clients, travelling clients, and other contacts. It was a cracking evening.
The media
The interest in SIRC was reflected in the range of articles and media coverage produced across the three days. The media presence has increased year on year and this year there were newsletters and supplements from Global Reinsurance, the Insurance Insider, Asia Insurance Review, Insurance Asia News and Intelligent Insurer. We worked with clients to ensure their views and opinions on these important topics featured in these publications (coverage listed below).
Coming back next year
The conference is undoubtedly going from strength to strength and we look forward to going back in 2020 for another few brilliant days of discussions, networking and the odd cocktail here and there.
Axis
AM Best TV – ‘Axis Re’s Arora: Asia is a local market, except when it comes to catastrophes’
Global Re daily – ‘Axis Re sets new priorities amid shifting standards’
Intelligent Insurer daily – ‘Axis Re ‘on way to the top 10’
Canopius
AM Best TV – ‘Canopius’ Marmonier: company expanding to write single risks’
Insurance Asia News winter edition – ‘Volcanic tsunami: An unmodelled threat’
Capsicum Re
Asia Insurance Review daily – ‘Appetite for mortgage reinsurance in Asia expected to increase’
Ed Broking
Asia Insurance Review daily – ‘Getting to grips with ESG’
Insurance Insider – ‘Big questions: growing pains and growth spurts’
Tokio Marine Kiln
Intelligent Insurer daily – ‘TMK unveils flagship cyber product’
Global Reinsurance daily – ‘Q&A with TMK: cyber risk does not recognise borders’