VIG Re, the reinsurance arm of Vienna Insurance Group, announced that it has become an associate member of the Singapore Reinsurers Association (SRA).
Established in 1979, the SRA plays a key role in promoting dialogue, professional excellence and collaboration within the re/insurance industry.
VIG Re said joining the association marks an important step in strengthening its engagement with the Asian reinsurance market and the wider global community.
The reinsurer already has close ties with the SRA, with its Asia Pacific managing director Marc Haushofer serving as chairman of the association for many years.
Haushofer said: “We have had close ties with the SRA over the years and I am particularly pleased to see VIG Re accepted as a new member. This is an important step in strengthening our collaboration with the Asia Pacific reinsurance market and advancing our long-term growth ambitions in the region.”
The SRA also recently announced the appointment of James Beedle, current CEO of PartnerRe Asia Pacific, as its new Chairman.