A Regional Platform of the Insurance Industry
The AIC is for : Insurance Leaders Professionals Practitioners
Welcome to ASEAN Insurance Council
ASEAN Insurance Council (AIC) is envisioned to be the main regional platform for insurance leaders, professionals and practitioners to network and share their knowledge and expertise in various areas of the insurance business.
AIC is positioned to be strong, prestigious, and well-organized, to facilitate cooperation and collaboration among its members and with external partners, for a more resilient & sustainable development of the insurance industry.
The AIC comprises different insurance industry associations from the 10 member countries of ASEAN. These associations represent the life insurance and non-life insurance or general insurance sectors.
Within the AIC, they are five committees, such as, the ASEAN Insurance Education Committee (AIEC), the ASEAN Council of Bureaux (COB), the ASEAN Natural Disaster Research and Works Sharing (ANDREWS), the ASEAN Reinsurance Working Committee (ARWC)
AIC – Background
In the effort to implement a series of Key Objectives, ASEAN has established various working groups to cater to a variety of developmental issues in many areas and one of them is AIC (ASEAN Insurance Council).
The Agenda to establish the Insurance Council within ASEAN was included during the ASEAN Meeting in Jakarta. It was in 1978. Then, the initiative was formally approved in 1983 in which AlC has officially acquired its formal status as a Non-Governmental Organization (NGO)
Upcoming Events!
3 March
Microinsurance Master Program 2025
24-25 March
APID - Malaysia
Module 1 : ASEAN Insurance Market Practices (Underwriting and Claims)
28-29 April
APID - Philippines
Module 1 : ASEAN Insurance Market Practices (Underwriting and Claims)
Message from Chairman Budi Tampubolon
With gratitude and joy, allow me to extend my heartfelt happy new year greetings to all members of the ASEAN Insurance Council, our esteemed partners, and stakeholders in the insurance industry across the ASEAN region. This new year marks a significant moment to reflect on our achievements over the past year while preparing strategic steps for the future.
It is a privilege and a great responsibility to accept the role of Chairman of the AIC for the 2025 period. Together we hope that AIC plays a vital role in strengthening the integration of the insurance industry within the region as we all know insurance sector not only serves as a cornerstone for economic stability but also acts as a catalyst in fostering a more resilient society.
As we step into 2025, we face new challenges and opportunities driven by digital transformation, global market dynamics, and the evolving needs of our communities. However, I am confident that through collaboration, innovation, and shared commitment, we can overcome any obstacles and create significant value for all stakeholders.
Let us remain dedicated to fostering synergy among member countries, enhancing insurance awareness across communities, and promoting sustainability in the insurance sector through responsible and ethical practices. I firmly believe that close cooperation is the key to building a stronger and more competitive ASEAN insurance industry on the global stage.
Lastly, I encourage everyone to welcome 2025 with optimism, unity, and unwavering dedication. May this year bring success, prosperity, and continued progress.
Thank you for the support and collaboration from all members of the ASEAN Insurance Council. Together, let us stride confidently towards a brighter future, and I look forward to meeting you all in the upcoming AIC meeting in Cambodia.
Message from Secretary-General Christian W. Wanandi
As we look back to the year 2024, there are many things we are thankful for:
- The ASEAN reinsurers have finally operationalized the ASEAN Renewal Energy Pool on 1 July.
- The AIC Training Providers also eventually carried out the Modules 1 and 2 of the ASEAN Professional Insurance Diploma (APID) in 2024. APID will be offered every year so that those who need to take all the Micro Certificates will have a chance to do so. The ASEAN Insurance Education Committee (AIEC)’s subcommittee, the Actuarial Talent Development Working Committee (ATDWC), was successfully revived. The Actuarial Talent and Skills survey was conducted, and the ATDWC Chair presented their plans to AIEC members during the meeting in Brunei Darussalam.
- More countries have made their Compulsory Motor Insurance available for online purchase at aseancob.org. In 2024, Lao PDR and Cambodia joined Myanmar, Vietnam, Singapore and Thailand.
- The ASEAN Health and Medical Insurance Committee (AHMIC) members met for the first time during the 50th AIC meeting in Brunei Darussalam. This committee presented the common issues and their probable solutions to the regulators.
- The ASEAN Takaful/Retakaful Working Committee has grown with a new member joining as the permanent secretariat, the Malaysian Takaful Association.
Who We Are
Sub-Committees
To assist its efforts in achieving the objectives, the Council operates through several Sub-Committees, which were established as part of its main operations. Up until the present time, the AIC has six main Sub-Committees that serve a particular purpose. They are the following:
Let's Have a Chat!
If you would like to find out more about ASEAN Insurance Council, please contact us.
Visit us
Permata Kuningan, Jl. Kuningan Mulia No.Kav. 9C 2nd Floor, RT.6/RW.1, Guntur, Kecamatan Setiabudi, Kota Jakarta Selatan, Daerah Khusus Ibukota Jakarta 12960
Email Us
secretariat@aicsec.org
Call Us
+62 2906-9760