AM Best's November Briefing To Feature Singapore, Bermuda Regulators

KUALA LUMPUR, Oct 16 (Bernama) -- Global credit rating agency, AM Best will hold its annual Asia-Pacific (re)insurance market briefing on Nov 3 during the 22nd Singapore International Reinsurance Conference (SIRC).

In a statement, AM Best said for the first time, the briefing will feature guest speakers, with senior officials from the Monetary Authority of Singapore (MAS) and the Bermuda Monetary Authority joining its analysts.

MAS Deputy Director and Head of the Financial Markets Development Department, Shermaine Tay, will discuss trends in alternative risk transfer, while Bermuda Monetary Authority Deputy Director of Supervision, Kofi Takyi will speak on Bermuda’s insurance market and its regulatory framework.

They will join members of AM Best’s analytical team, who will give updates on Asia’s insurance markets and recent developments in the global reinsurance sector.

The briefing will be held in the Heliconia Main Ballroom of the Marina Bay Sands Expo and Convention Centre, the conference venue, and will be followed by a networking reception. Attendance is limited to registered SIRC delegates with full passes.

The conference, organised by the Singapore Reinsurers’ Association, runs from Nov 1 to 5 under the theme “Capacity to Capability: Building Resilience Through Innovation & Experience”. AM Best describes it as the largest reinsurance event in the Asia-Pacific region.

AM Best is a sponsor and exhibitor at the conference, as well as a broadcast partner. Its AM Best TV channel will provide daily coverage and interviews from the event.

The company’s Asia-Pacific market development team, led by Rob Curtis, Managing Director and Chief Executive Officer of AM Best’s Singapore operations, will also attend. The team will meet delegates to discuss AM Best’s services, including Best’s Credit Ratings and Best’s Performance Assessments for Delegated Underwriting Authority Enterprises (DUAE).

-- BERNAMA