This primary video of the day at our Artemis ILS Asia 2023 convention, held in Singapore on July thirteenth 2023, featured the Financial Authority of Singapore (MAS) giving a welcome keynote speech to our 200 plus attendees.
Throughout his speech, Cheng Khai Lim, Govt Director, Monetary Markets Improvement Division on the Financial Authority of Singapore (MAS), highlighted the significance of constructing out better structuring and deal capabilities within the Asia area, as Singapore continues to streamline its insurance-linked securities (ILS) regulatory regime.
He mentioned progress prospects for insurance-linked securities (ILS) markets globally and within the Asia area.
In significantly, he pointed to the necessity for vital reinsurance safety from conventional and in addition non-traditional sources, such because the capital markets, to higher defend towards rising losses from pure catastrophes within the area.
Lim stated that the Financial Authority of Singapore (MAS) is dedicated to supporting the institution of ILS structuring capabilities and rising ILS issuance in Singapore.
The Financial Authority of Singapore (MAS) may also proceed to help disaster bond and insurance-linked securities issuance within the Asia and Pacific area via the extension of its ILS grant scheme by an extra three years, to run till the tip of 2025.
Watch the total video to be taught extra concerning the actions of the Financial Authority of Singapore (MAS) in fostering insurance-linked securities (ILS) exercise in Asia and Singapore.
Watch the total video of this keynote speech, for extra insights into the potential for the ILS market to proceed rising in significance in Singapore and the Asia area.
There are nonetheless some tickets accessible for our subsequent ILS market convention. Artemis London 2023 shall be held on Sept fifth in London, UK, register on-line right this moment.
All of our Artemis Dwell video interviews have a concentrate on reinsurance, ILS and the effectivity of danger switch and could be accessed immediately from our Artemis Dwell web page.
You can even pay attention in audio to those interviews by subscribing to the Artemis Dwell podcast right here.
View some images from the Artemis ILS Asia 2023 convention right here.
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