Wednesday 11 October 2023

AM BEST BRIEFING AT SINGAPORE CONFERENCE TO PROVIDE INSIGHTS ON REINSURANCE MARKETS

KUALA LUMPUR, Oct 10 (Bernama) -- AM Best’s Insurance Market Briefing at the Singapore International Reinsurance Conference (SIRC) to be held on Oct 31 will explore the state of the global and Asia Pacific reinsurance markets as part of the 19th annual SIRC event.

SIRC, organised by the Singapore Reinsurers’ Association, is one of the leading annual global reinsurance industry events.

According to a statement, themed “(Re)Insurance Reset”, this year’s event runs from Oct 30 to Nov 2.

Meanwhile, the market briefing will take place in the Heliconia Ballroom at the Marina Bay Sands Expo and Convention Centre, the same location as the overall conference.

During the briefing, senior analytical leaders from AM Best’s international offices will provide (re)insurance market insight, with discussion topics including a global market update of reinsurance developments and reviews of Northeast and Southeast Asia reinsurance markets.

In addition, National Scale Ratings, which AM Best recently introduced to Egypt, India, Indonesia, the Philippines and Vietnam, will be discussed.

The National Scale Rating is a relative measure of the financial strength of insurers and reinsurers that are domiciled in the same country, and over time allow for greater differentiation among them.

The panel will be chaired by AM Best’s Singapore operations chief executive officer, Rob Curtis and other panellists for the market briefing include directors from the global credit rating agency.

AM Best is a contributing broadcast partner to the event, and AM BestTV will provide coverage of the conference.

-- BERNAMA

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