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My View on #20SIRC Conference

THE INSURANCE TIMES

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December 2024

The participants include world top reinsurers, brokers, insurers, IT companies, Consultants, and Regulators. As a regulator from Nepal attending the (#20SIRC) was a unique thrilling experience that provided opportunities for learning, networking, and strategic development. Here's a detailed perspective that I had experienced during my visit to Singapore.

- Rajendra Maharjan

My View on #20SIRC Conference

The 20th edition of Singapore International Reinsurance Conference (#20SIRC) took place in Singapore from 4th to 7th November 2024. The theme of the conference was "Revolutionize Re(insurance)". The #20SIRC Conference saw over 3300 participants with nearly 2000 joining from overseas. The participants include world top reinsurers, brokers, insurers, IT companies, Consultants, and Regulators. As a regulator from Nepal attending the (#20SIRC) was a unique thrilling experience that provided opportunities for learning, networking, and strategic development. Here's a detailed perspective that I had experienced during my visit to Singapore.

1. Learning about Global Trends and Innovations

Keynote Presentations: Attending keynote speeches from global leaders in the reinsurance industry provided insights into the latest trends and innovations. Topics such as digital transformation, the use of artificial intelligence in underwriting, and the impact of climate change on risk assessment would be particularly relevant.

2. Networking and Collaboration Opportunities

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New Product Launches

Comprehensive Coverage from Health to Home and Protection Plans

time to read

2 mins

September 2025

THE INSURANCE TIMES

IRDAI Corner

Development and implementation of Risk Based Capital (RBC) Framework for Indian Insurance Industry is one of the key initiative undertaken by IRDAI among various other initiatives to align the Indian Insurance Industry with global best practices.

time to read

2 mins

September 2025

THE INSURANCE TIMES

Smart Online Course Joins Hands with BFSI Sector Skill Council of India to Power the Future of Financial Skilling

Yuni Learning Solution Pvt. Ltd. (www.SmartOnlineCourse.com), the edtech arm of The Insurance Times, is proud to announce its official accreditation as a Training Partner of the BFSI Sector Skill Council of India (BFSI SSC) - an esteemed initiative under the National Skill Development Corporation (NSDC) and the Ministry of Skill Development & Entrepreneurship, Government of India.

time to read

1 mins

September 2025

THE INSURANCE TIMES

THE INSURANCE TIMES

Nepal's Shift to Risk-Based Capital: Building a Resilient Future for Life Insurance

RBC is not just a compliance hurdle. Done right, it is Nepal's chance to align solvency with strategy, efficiency with resilience, and finally separate insurers that are merely surviving from those that are truly building for the future.

time to read

11 mins

September 2025

THE INSURANCE TIMES

THE INSURANCE TIMES

The Inference of Waiver in Different Insurance Policies

The stipulation clause 'No claim under this policy shall be payable unless the terms of this policy condition have been complied with' is sine qua non (an essential condition; a vital thing), and is often missed while processing a fire claim.

time to read

9 mins

September 2025

THE INSURANCE TIMES

International News

Munich Re, one of the world’s oldest and largest reinsurers, has raised alarms over the growing influence of hedge funds and private investors in the catastrophe insurance market.

time to read

3 mins

September 2025

THE INSURANCE TIMES

Do's and Don'ts for Purchasing a Fire Insurance Policy (Corporate Buyers)

Conduct a professional risk assessment of buildings, machinery, stock, and other assets.

time to read

1 mins

September 2025

THE INSURANCE TIMES

THE INSURANCE TIMES

Health Insurance News

Rising cancer treatment costs are pushing Indian families into financial distress, with annual out-of-pocket expenses averaging Rs. 3.3 lakh, experts said at a Kolkata summit on cancer care affordability.

time to read

3 mins

September 2025

THE INSURANCE TIMES

Insurance Caselaws

For a deficiency in service, the Panipat District Commission holds HDFC Bank and Universal Sompo Insurance Co. liable for failure to disburse the amount required by the PM Fasal Bima Yojna.

time to read

6 mins

September 2025

THE INSURANCE TIMES

Legal Briefs

Ravindra Annappa Bindre paid Rs. 1,54,762 on October 19, 2015, for a Royal Enfield Thunderbird 350cc motorcycle manufactured by Eicher Motors.

time to read

5 mins

September 2025

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