The Annual General Insurance Association of Singapore Lunch
Good afternoon ladies and gentlemen. Thank you for inviting me to address you at your Annual Luncheon.
2 I would like to first congratulate Mr Derek Teo for being reappointed as GIA's President for another year. I also congratulate the rest of GIA's Management Committee members on their appointment. I look forward to working closely with all of you for another year as we pursue the many areas of common interest.
3 Allow me to also congratulate the GIA on its 40th anniversary. MAS and GIA have enjoyed a very good working relationship over the years. I am confident this will continue for many more years to come. GIA has been most supportive of our efforts to enhance the standards of risk management and professionalism in the general insurance industry. In this regard, it has introduced a number of significant initiatives. I will touch on a few of them later.
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