Mr Daniel Wang, the Executive Director of the Monetary Authority of Singapore, delivered a speech at the Connecticut Conference on Climate Change and Insurance on 15 November 2023. In his speech, Mr Wang emphasized the importance of addressing climate change risks in the insurance industry. He highlighted the need for insurers to incorporate climate-related factors into their risk management frameworks and to develop innovative products that can help individuals and businesses mitigate climate risks. Mr Wang also discussed the role of regulators in promoting sustainable finance and encouraging insurers to adopt climate-friendly practices. He concluded by emphasizing the importance of collaboration between insurers, regulators, and other stakeholders in building a resilient and sustainable insurance sector.
HomeDIGITAL ASSETS REGULATORYsingapur_MAS"From Crisis to Collaboration: Climate Change in Insurance Supervision" - Keynote Speech...