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)
Message from Secretary-General Christian W. Wanandi
Dear Council Members,
Thank you for another year of wholehearted cooperation and support in 2023.
We face the year 2024 with much more anticipation as our ASEAN reinsurers have signed an MOU witnessed by our members and regulators on the renewable energy pool. The ASEAN Professional Insurance Diploma has finally been kickstarted in January this year. Likewise, Myanmar and Vietnam have joined Singapore and Thailand in making their Compulsory Motor Insurance available for online purchase at www.aseancob.org
Who We Are
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 five main Sub-Committees that serve a particular purpose. They are the following: