Mandarin Re, the global reinsurance company, marked its presence at the 19th Singapore International Reinsurance Conference (SIRC), a prestigious event that drew an impressive crowd of over 2,700 delegates from 72 countries. The conference took place from October 30 to November 2, 2023, and provided a platform for industry leaders to engage in meaningful discussions and networking opportunities.
Representing Mandarin Re at this esteemed event were key figures from the company, including Mr. Redzal Mohamad, the CEO and Principal Officer, along with underwriters Ms. Asmida Md. Nor and Mr. Mohd Hanis Ramli. The Mandarin Re team actively participated in four days of meetings, networking, and engaging discussions.
One of the recurring themes that resonated throughout SIRC 2023 was the "protection gap" in the region, underscoring the need to address underinsured or uninsured risks in the Asia-Pacific market. This critical issue emphasizes the importance of educating the market on the value proposition of insurance, and Mandarin Re remains dedicated to playing a significant role in bridging this gap.
SIRC 2023 served as a testament to the ever-evolving reinsurance landscape and the vibrant opportunities that lie ahead. With the 1.1 renewals on the horizon, it is essential for the industry to adapt to the current environment and continue to explore new avenues for growth.
At Mandarin Re, we are committed to working collaboratively with industry peers to navigate these dynamic challenges and opportunities. As we move forward, Mandarin Re is well-prepared to contribute to shaping the future of the reinsurance sector, supporting our clients and partners with innovative solutions and expertise.
For more updates and insights on Mandarin Re's involvement in industry events and initiatives, please stay tuned to our website and follow us on our social media channels. We look forward to sharing more exciting developments and news in the future.