Kathmandu: The 18th Singapore International Reinsurance Conference(SIRC) kicks off today at Marina Bay Sands Expos and Convention Center in Singapore.
This year’s event will take place till 3 November. It has been learnt that over 2200 delegates have confirmed their registration for the event.
The theme for this year’s conference is “Re-Connecting … Re-shaping the Future!”, which reflects the positive sentiment of the industry following two years of COVID-19 induced restrictions and disruptions, and also focuses on the challenges that global economies and the (re)insurance industry are facing today, with looming inflation, economic disruptions, geopolitical tensions being thrown into the mix as the industry seeks to re-shape itself amidst the global movement towards net zero sustainability and climate resilience. Further the issues such as the rise of anti-globalization; implications of rising inflation; transition to net zero; sustainability, resilience and climate-related issues; would feature prominently.
SIRC was launched in 1991 to provide insurance professionals a forum to meet and discuss issues of the day, while taking stock of developments in the reinsurance market; and starting preparations for the following year’s treaty renewals.