Honorary Citizen Award
🎉 Congratulations to Mr Kielholz on receiving the Honorary Citizen Award! The award 🏆 is the highest form of recognition bestowed by the Singapore Government for outstanding contributions by an individual to the country’s growth and development.
Mr Kielholz, honorary chairman of Swiss Re, made significant contributions to the development of Singapore as a global financial centre. Under his leadership, Swiss Re made Singapore its Asia-Pacific hub, creating many good jobs and strong capabilities in risk financing as well as supporting the growth of the region’s insurance markets and providing risk financing solutions to Asia.
Under his leadership, Swiss Re also actively supported various industry initiatives in Singapore, such as Project Veritas . Under Project Veritas, Swiss Re co-developed and applied a fairness assessment methodology for insurance predictive underwriting, which utilises artificial intelligence and data analytics. Swiss Re was also part of the insurance industry workgroup convened in 2019 that co-developed the Environmental Risk Management Guidelines for Insurers with the Monetary Authority of Singapore (MAS), and is an anchor partner of the Global-Asia Insurance Partnership (GAIP).
Photo Credits to Alvin Tan, Minister Of State Singapore