AM Best

AM Best’s Insurance Market Briefing - SIRC

AM Best's Insurance Market Briefing - SIRC was held on Tuesday, 31 October 2023.

AM Best analysts presented updates to NSR, reviewed global and Asia-Pacific reinsurance markets and explored the market outlooks for North Asia and Southeast Asia and more.

AM Best's Insurance Market Briefing - SIRC
Tuesday, 31 October 2023 | 2:00 p.m. - 3:30 p.m. SGT
Marina Bay Sands Expo & Convention Centre
Level 3
Heliconia Ballroom

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For More Information:
events@ambest.com

Agenda

Sessions	Presenters
NSR Briefing	Greg Carter Managing Director, Analytics - EMEA & Asia Pacific
Global Reinsurance Developments/Market Overview Market trends and developments in both insurance and reinsurance markets	Stefan Holzberger Chief Rating Officer
Northeast Asia Developments/Market Overview Providing an overview of Asia-Pacific major reinsurers’ characteristics/performance	Christie Lee Senior Director, Analytics - Northeast Asia
Southeast Asia Developments/Market Overview Providing an overview of performance of Southeast Asia major reinsurers' characteristics/performance.	Chris Lim Associate Director, Analytics - Southeast Asia

Speakers:

Greg Carter
Managing Director, Analytics - EMEA and Asia-Pacific

Greg's career started with Standard & Poor’s and has spanned over 30 years in the insurance sector. Greg worked for Bank of America in the mid-1990s and he established AM Best's first overseas office in London in 1997. In 2001, he joined Fitch Ratings and led the analytical team for Europe, Middle East, Africa and Asia. Greg has also spent time with the U.K. regulator, the FSA. He served on the board of Capita Commercial Insurance Services and prior to his current role was based in Hong Kong with Ernst & Young.

In September 2015, Greg re-joined AM Best as Managing Director - Analytics in the London office and is responsible for the agency’s credit ratings in Europe, Middle East, Africa and Asia-Pacific. In July 2019, Greg relocated from London to Singapore.

Stefan Holzberger

Chief Rating Officer

Stefan joined AM Best in 2001 in the U.S. as a financial analyst in the property/casualty rating division. In 2004, he assumed the position of assistant vice president responsible for the ratings of roughly 100 excess and surplus lines and specialty insurance organizations. In 2008, Stefan’s responsibilities shifted to the development and dissemination of rating criteria and methodology, as well as regulatory policy development. Currently, Stefan is chief rating officer of AM Best, where he is responsible for the agency’s global ratings coverage.

Stefan’s insurance career started at the Jefferson Insurance Group, a specialty lines writer and subsidiary of Allianz SE. He began as an internal auditor and later became the audit manager responsible for internal audits, as well as monitoring the financial strength and internal controls of the group’s managing general agents and third-party claims administrators.

Stefan received his undergraduate degree from Bucknell University and an MBA in Finance from Fairleigh Dickinson University. Stefan holds the Chartered Financial Consultant designation and is a licensed Certified Public Accountant.

Christie Lee, FCAS

Senior Director, Head of Analytics - Northeast Asia

Christie is a senior director of A.M. Best Asia-Pacific Limited based in Hong Kong, leading the rating analytics function for Northeast Asia region covering Greater China, Japan and Korea.

Prior to joining AM Best, Christie was a senior vice president with Guy Carpenter, responsible for actuarial services for Taiwan, Japan and Marine & Energy specialty lines for Asia-Pacific. In addition, Christie has worked for Deloitte and Willis Towers Watson in Hong Kong and has spent her early career with Insurance Corporation of British Columbia in Canada, responsible for reserving and capital management functions. Christie has a wide range of insurance experience in the areas of reinsurance, risk management, economic capital modelling, corporate business planning, reserving, and insurance mergers and acquisitions.

Christie is a Fellow of the Casualty Actuarial Society. She holds a Bachelor of Science degree in Actuarial Science from Simon Fraser University in Canada and an MBA from The University of Hong Kong.

Chris Lim, CFA, FCII

Associate Director, Analytics - Southeast Asia

Chris Lim is an associate director in AM Best’s ratings division and has 10 years of experience in the insurance and credit rating industry. He leads a team of credit rating analysts responsible for assessing the creditworthiness of insurance and reinsurance companies, with a particular emphasis on the South and Southeast Asia markets. Chris is equipped with broad regional market knowledge and strong technical expertise in financial analysis. In addition, Chris is a contributing author to several Best’s Market Segment Reports and been a speaker at various insurance conferences.

Before joining AM Best in 2019, Chris was a senior analyst at JLT Re, a reinsurance broker, where he advised insurers on their insurance risk management, which included their risk exposures. He also played a pivotal role in the optimization of clients’ reinsurance programs to help clients meet regulatory requirements and achieve their strategic objectives.

Chris holds several professional and academic qualifications across insurance, finance, and actuarial science. He is a Fellow of the Chartered Insurance Institute (UK), a Chartered Financial Analyst (CFA) and holds a postgraduate diploma in actuarial science from the University of Leicester.

Note: The attendees must be registered as SIRC delegates with full passes to attend the session.

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