Video from ILS Asia 2023. Keynote 1: Monetary Authority of Singapore (MAS)

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This first video of the day at our Artemis ILS Asia 2023 conference, held in Singapore on July 13th 2023, featured the Monetary Authority of Singapore (MAS) giving a welcome keynote speech to our 200 plus attendees.

During his speech, Cheng Khai Lim, Executive Director, Financial Markets Development Department at the Monetary Authority of Singapore (MAS), highlighted the importance of building out greater structuring and deal capabilities in the Asia region, as Singapore continues to streamline its insurance-linked securities (ILS) regulatory regime.

He discussed growth prospects for insurance-linked securities (ILS) markets globally and in the Asia region.

In particularly, he pointed to the need for significant reinsurance protection from traditional and also non-traditional sources, such as the capital markets, to better protect against rising losses from natural catastrophes in the region.

Lim said that the Monetary Authority of Singapore (MAS) is committed to supporting the establishment of ILS structuring capabilities and growing ILS issuance in Singapore.

The Monetary Authority of Singapore (MAS) will also continue to support catastrophe bond and insurance-linked securities issuance in the Asia and Pacific region through the extension of its ILS grant scheme by a further three years, to run until the end of 2025.

Watch the full video to learn more about the activities of the Monetary Authority of Singapore (MAS) in fostering insurance-linked securities (ILS) activity in Asia and Singapore.

Watch the full video of this keynote speech, for more insights into the potential for the ILS market to continue growing in importance in Singapore and the Asia region.

See also  APRA makes insurance reporting framework changes

There are still some tickets available for our next ILS market conference. Artemis London 2023 will be held on Sept 5th in London, UK, register online today.

All of our Artemis Live video interviews have a focus on reinsurance, ILS and the efficiency of risk transfer and can be accessed directly from our Artemis Live page.

You can also listen in audio to these interviews by subscribing to the Artemis Live podcast here.

View some photos from the Artemis ILS Asia 2023 conference here.

For all enquiries regarding sponsorship opportunities for future Artemis events please contact [email protected].

Our conference sponsors can be seen below, we thank them all for their valued support:

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For all enquiries regarding sponsorship opportunities for future Artemis events please contact [email protected].

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