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.
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).