Insurance-linked securities (ILS) developments in Singapore panel - Artemis ILS Asia 2023

Episode 136,   Sep 25, 2023, 08:24 AM

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This panel discussion took place at the Artemis ILS Asia 2023 conference in Singapore on July 13th and discussed the insurance-linked securities (ILS) market in Singapore, the Singapore ILS regulatory regime and the continued investment that the country is making in developing a sustainable ILS hub component within its capital market.

This panel discussion took place at the Artemis ILS Asia 2023 conference in Singapore on July 13th. 

This session was moderated by Michael Dunsire, Regional Director, APAC, Aon Insurance Managers. 

The panellists taking part were: Simon Goh, Partner, Head of Insurance & Reinsurance, Rajah & Tann; Matthew Song, Executive Director, Head of Corporate and Institutional Client, SGX Group; Tim Yip, Executive Director & Portfolio Manager, ILS Advisers / HSZ Group; Scott McHardy, Head of Risk Finance, Toka Tū Ake EQC. 

Momentum surrounding Singapore's ILS market hub continues to build, and this panel featured a discussion about the future of ILS in the country and what is needed to sustain ILS as a component of Singapore's broader financial activities. 

The group discussed the current status of the Singapore ILS regulatory offering, as well as recent changes to the Singapore ILS Grant Scheme. 

They also explored the broader potential for use of insurance-linked securities (ILS) within Singapore and the Asia Pacific region. 

In addition, a recent first-time catastrophe bond sponsor on the panel, in Scott McHardy, Head of Risk Finance, Toka Tū Ake EQC, discussed the experience of using Singapore as a cat bond issuance domicile and explained how the regulator and service providers had supported the EQC through that process. 

Listen to the full podcast episode to learn more about the insurance-linked securities (ILS) market in Singapore, the Singapore ILS regulatory regime and the continued investment that the country is making in developing a sustainable ILS hub component within its capital market.