The 19th Singapore International Reinsurance Conference reflected on a decade of Singapore’s reinsurance industry progress while outlining strategies for the future. Growth in Asia, namely increasing affluence, trade, and infrastructure are driving demand, along with vulnerability to natural disasters and a growing elderly population. Singapore serves as the Asia-Pacific hub for 12 top global insurers and reinsurers, with plans to continue increasing supply-side capacity, promote insurance demand, develop a marketplace, and foster a conducive business environment.
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