“Insurance in Asia - Architects of Resilience, Partners in Growth” - Keynote Address by Mr Chee Hong Tat, Minister for National Development, and Deputy Chairman of the Monetary Authority of Singapore, at the Singapore International Reinsurance Conference (SIRC) on 2 November 2026
Why this matters
The document is a keynote by a named MAS official, so it is classed as a speech. Its substance concerns insurers' long-term investment in infrastructure and securitisation. It proposes three RBC 2 enhancements (broader lower-charge infrastructure debt, recognition of risk-mitigating features, and more risk-sensitive securitisation charges) and says a public consultation starts that day. It also covers Project Verdi, a sustainable infrastructure pilot, and a data centre insurance facility. Urgency is null because the item is a speech. The consultation it announces is not itself the document, so the consultation's own urgency would be set on that separate item. Sectors and topics are limited to those the text directly supports.
AI-generated classification rationale, not a full analysis. Verify with the original MAS source before acting. Full disclaimer.
What the MAS said
At the Singapore International Reinsurance Conference (SIRC), Mr Chee Hong Tat, Minister for National Development, and Deputy Chairman of MAS, spoke on insurers' roles as architects of resilience and partners in growth, and announced new measures to support infrastructure investment.
Published by MAS . Read the full notice at the source for the authoritative text.
Context
Monetary Authority of Singapore (MAS) — Singapore's central bank and integrated financial regulator. We track 187 updates from them.
Singapore's financial sector is regulated by MAS. Browse all Singapore updates.
This update is classified under Prudential / Capital Requirements, ESG / Sustainability and Insurance & Pensions.