Meeting last week and attracting nearly 1,000 delegates, the 12th biennial Singapore International Reinsurance Conference (SIRC) has come a long way since the event joined the industry travelling circus in 1990. So too has Singapore as a regional reinsurance hub. Back then there were plenty of reinsurers but many were small and ineffective; few brokers could be taken seriously; markets like China and Vietnam were closed; … Continue reading On Innovation in Singapore

The formation in Singapore of Lloyd’s Asia platform in the late 1990s came too late to make an impression in Japan and South Korea. By the time London capacity and capability arrived locally, the industry in those two countries had already developed long-standing relationships with major reinsurers in Europe, USA and Bermuda. Instead underwriters in Singapore set about building a business in the far smaller … Continue reading On China Sceptics