Chee Hong Tat, Deputy Chairman of the Monetary Authority of Singapore (MAS) and Minister of State for National Development, announced at the Singapore International Reinsurance Conference (SSIRC) that MAS will launch new initiatives, including a S$30 million grant scheme to support insurers in building infrastructure investment capabilities and adopting a more risk-sensitive insurance capital framework. These initiatives aim to help insurers mobilize long-term capital for infrastructure and securitized investments.