Reinsurance Brokers' Association

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For almost 20 years, the Reinsurance Brokers’ Association (Singapore) (RBAS) has represented the professional body for reinsurance brokers licensed in Singapore.

Since its inauguration, the Association has supported the professional efforts of its members and the overlying development of Singapore as the leading regional reinsurance center in Asia. The Association enjoys and promotes close dialogue between regulators, competitors, suppliers and markets, always mindful of our regional and international role and the responsibilities of its membership as leaders of industry practice.

RBAS requires its membership to conform to its rules and regulations regarding accounting, compliance, contract certainty, ethics, professional indemnity coverage and code of conduct.

Between 2009-2015, RBAS expensed over S$350,000 through its membership for the sole benefit of staff training and bringing talented young graduates into the industry. In 2010, the Association approved a Lloyd’s Asia TOBA wording specifically designed for RBAS members to work within the Lloyd’s Asia structure.

Throughout 2012 and to date, encouraged by the Monetary Authority of Singapore, a RBAS working committee has led the industry development of a ‘contract certainty initiative’ which raises the professional bar and brings the reinsurance industry in Singapore together on a web-based platform for reporting a record of qualitative monthly compliance of contract certainty.

With an education focus in 2015 the Association is planning two new initiatives in promoting an ASEAN award for young industry executives and an industry internship project for Singaporeans.

Reinsurance brokers are the cement between the bricks. We hold a great responsibility in binding the industry, its exposures and its products ethically together and at the core is the composition of our talent base. As advisors, innovators and market makers we must be enlightened and informed so that we are constantly thinking ahead of the change cure. Education and developing trusted quality professionals are key pillars for the future success of our membership and the industry at large.

Note: Only members of RBA(S) are accredited by and comply with the rules of the Reinsurance Brokers Association (Singapore).

A hearty ‘welcome’ to all delegates to the 15th SIRC. (Singapore International Reinsurance Conference)

Singapore, strongly supported by its authorities and the Monetary Authority of Singapore has established itself over the past several decades as the undisputed center of Reinsurance within the Asian region.

Today this is never more true as the market broadens and specializes itself, providing a multitude of related quality services and capabilities.

In recent years the market has also importantly attracted talent from around the Asian region and the Globe to support its steady growth and stability and drive itself onto greater heights of excellence and an integral understanding of our ever changing risks, risk management, claims and capacity.

Our RBAS membership continues to benefit from and drive innovation and cutting edge technology to fuel this growth and our members’ executives and teams who are responsible for most of our dynamic market distribution are always on hand to listen and assist you in any venture or enquiry that you may require assistance with.

Singapore as a nation is extremely proud to continue to host the SIRC and from this year onwards we can confirm as joint organizers that the ‘Singapore International Reinsurance Conference’ will be an annual affair, keeping pace with demand and the expectations of a growing market footprint.

Don’t forget to register for the 2018, 15th SIRC and adjust your diaries accordingly.

As a guest in Singapore please enjoy the delights of Singapore, our ease of transport, accessibility, security, excellent global cuisine, smiling faces and much much more…..a truly ‘best of class’ global and garden city.

Please do not hesitate to contact any one of us on the Organising Committee or any member of RBAS and allow us to assist you if there is any way that we make your SIRC experience more fulfilling.

Wishing you fond and lasting memories of the 15th SIRC and beyond.

Richard N C Austen
Chairman of the Reinsurance Brokers Association (Singapore)

You can view the application form by clicking the button below. Please print and mail your application form with all necessary documents to us.

Find Us
69 Amoy Street
Singapore 069888
Tel: 65 6372 3189
  65 6224 1091