SINGAPORE (Special Correspondent) – High Commissioner of Pakistan to Singapore Rabia Shafiq held a meeting on 5 November 2026 with a delegation of senior executives from leading Pakistani insurance and reinsurance firms to explore bilateral cooperation. The meeting, held at the Pakistan High Commission, aimed to foster stronger institutional linkages between the insurance sectors of both nations.

Key Points

• High Commissioner Rabia Shafiq met with a delegation led by IGI General Insurance COO Muhammad Hisham.
• Discussions emphasized professional exchanges, capacity building, and specialized training in actuarial sciences.
• Around 60 Pakistani delegates are attending the Singapore International Reinsurance Conference (SIRC) 2026.
• The delegation includes representatives from firms like Habib Insurance, Pak-Qatar, and others.

Strengthening Bilateral Insurance Ties

During the formal engagement, High Commissioner Rabia Shafiq underscored that establishing robust connections between the insurance institutes of Pakistan and Singapore would significantly elevate industry capabilities. She pointed toward the necessity of enhancing professional standards, specifically through rigorous training in actuarial sciences.

The delegation, led by Chief Operating Officer of IGI General Insurance Muhammad Hisham, expressed that the Singapore International Reinsurance Conference serves as a primary gateway for local experts. The event, held from 1 to 5 November 2026, facilitates direct engagement with international peers to adopt global best practices.

Delegation Composition and Industry Participation

The visiting group represented a broad cross-section of the Pakistani insurance market. Participating entities included Oceanic Group, i4i Reinsurance, Habib Insurance, IGI General Insurance, Asia Insurance, Sindh Insurance, Pakistan General Insurance, FIB Brokers, Pak-Qatar, and Jazz Sure Insurance.

Frequently Asked Questions

What was the primary purpose of the meeting in Singapore?

The meeting focused on discussing opportunities for strengthening bilateral cooperation and institutional linkages between the insurance sectors of Pakistan and Singapore.

How many Pakistani delegates participated in the SIRC 2026?

Approximately 60 Pakistani delegates participated in the Singapore International Reinsurance Conference 2026 to engage with global experts and exchange industry knowledge.