Major global reinsurer Swiss Re has officially opened the Swiss Insurance Training Centre (HK). The Center provides state-of-the-art courses for insurance and reinsurance professionals from throughout the Asia-Pacific region.

The move to develop the new training facility was motivated by the fact that Swiss Re had noted that 40% of its Zurich center students were from the Asian region. The new center also gives Swiss Re the opportunity to promote its 50 year presence in the Asia-Pacific market.

Located in Hong Kong’s high-tech Cyberport complex, the 2,000 square meter plus training facility has a capacity to accommodate 125 trainees at any given time.

Classroom learning is open to members of the insurance industry. Most courses are residential, ranging from the Discovery program designed for new entrants to the industry, to advanced technical courses in life and non-life insurance underwriting, including workshops in marine, engineering, medical and other specialist topics.