This year’s Singapore International Reinsurance Conference (SIRC) has seen another record attendance, with 3,300 delegates on site for the last major event in the annual international conference season.

Singapore’s reinsurance premium base grew 31 percent to S$27.6bn ($20.9bn) last year, according to Monetary Authority of Singapore (MAS) data, representing around 21 percent of Asia’s overall reinsurance market.

Welcome to the first of The Insurer’s daily editions from this year’s Singapore International Reinsurance Conference.

When the industry gathered in Monte Carlo for the annual

Another vibrant Target Markets Annual Summit is drawing to a close today with record numbers (officially north of 1,600 and unofficially much higher) demonstrating the continued appeal of the segment to talent, investors, capacity providers and distribution.

Prior to the emergence of hurricanes Helene and Milton, the central talking point during this year’s conference season had been around casualty loss trends and the implications for upcoming renewals.

As the industry’s most senior executives descended upon Colorado Springs beginning late last week, early discussions at the CIAB event largely centred on the relative tranquillity of market conditions, ongoing casualty concerns, and the paucity of M&A and recap activity among privately held brokers.

It was less than two weeks ago as Hurricane Helene was making its path towards a US landfall that industry executives on a panel discussion hosted by cat MGA AmRisc were asked what kind of loss event could alter the trajectory of the E&S property market.

Plenty has been said and written on the subject of social inflation – or legal system abuse, as is the mot du jour – and its impact on loss cost trends in US casualty.

While not exactly a drawing of battle lines, most reinsurers are making their position clear on maintaining retentions and first-layer attachment points ahead of what is expected to be a relatively stable property catastrophe renewal season.