With travel restrictions and social-distancing measures being enforced to combat the resurgence of the COVID-19 outbreak in many parts of the world, the organising committee of the Singapore International Reinsurance Conference (SIRC) has agreed that it would be impossible to organise a live in-person networking conference of the same quality and on the same scale as many in the industry have come to expect of the SIRC.
After considering all possibilities and means of organising a safe reinsurance rendezvous for its delegates, the final decision was taken at a virtual meeting of the organising committee on 17 August. The 17th edition of the SIRC, which has over the years come to be recognised as one of the world’s largest and best networking and thought-leadership events, will now be rescheduled to 15 – 18 November 2021.
Organiser of the SIRC, the Singapore Reinsurers’ Association (SRA) chairman Marc Haushofer said, “We have come to this decision after much thought and after consulting with our many industry friends and leaders, being mindful of the responsibilities that the SIRC has as such a well-supported international reinsurance ‘rendezvous’. We shall certainly make sure that the 17th SIRC in 2021 will live up to everyone’s expectations.”
SIRC organising committee chairman Sivam Subramaniam said, “COVID-19 is more than just a pandemic that has brought the global economy to its current state. No one can predict what the future will hold – but we can assure you that the SIRC will continue to play a significant part in shaping the future of the industry. This is the assurance we can give the market: To do our best to serve the reinsurance community.”
To fill the void this November, the organising committee is planning a virtual event – tentatively called ‘SIRC 2020 Re-Mind’ – to mark the dates and thank supporters who have contributed to the success of the SIRC franchise. More details of this virtual event will be announced in mid-October.
Asia Insurance Review, as the official media partner of the SIRC since inception, will publish a special feature in its November edition with leadership pieces and strategic thoughts from players in the market to mark the occasion.
Meanwhile, all delegate registrations as well as sponsorship and meeting facilities bookings for the 17th SIRC will be fully honoured for the rescheduled event in 2021. The secretariat will contact all registered delegates, sponsors, meeting facilities hosts and exhibitors on the next steps.
Launched in 1991, the SIRC, organised by the SRA with Asia Insurance Review as the official media partner, has established itself as one of the most important events on the global reinsurance calendar where leading insurers, brokers and reinsurers gather to take stock of the reinsurance market and set the tone for the renewal season while exploring new opportunities for business cooperation. Last year’s SIRC drew almost 1,100 delegates and nearly 1,900 meeting visitors from 52 countries, with over 200 industry organisations actively supporting the event as partners, exhibitors and meeting hosts. A