The Singapore Reinsurers' Association (SRA) launched the Reinsurers' Artificial Intelligence Handbook on 2 November at the 22nd Singapore International Reinsurance Conference (SIRC). The association presents it as a practical reference for underwriting, claims and risk staff.
The handbook sets out a five-stage assessment cycle for AI risk. It covers five areas: the reliability of data, models and decisions; third-party dependencies; underwriting; claims; and portfolio concentration.
A working group drawn from the SRA's Technical and Legal & Compliance subcommittees wrote the document. The SRA says it complements existing AI governance frameworks, including the MindForge AI Risk Management Toolkit, by dealing with questions specific to reinsurance.
SRA chair Glen Riddell said reinsurers must understand how AI use can change risk selection, claims outcomes and portfolio performance, and what this means for the risks they reinsure. He called the handbook principles-based guidance. The release does not say it is binding or give a date for updates.
The conference runs to 5 November and drew more than 4,300 delegates from 85 countries and territories, a record, according to the SRA.
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Singapore Reinsurers' Association ↗Industry body · 2 Nov 2026
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