On behalf of the ASEAN Insurance Council (AIC), I warmly welcome you all to this 2024 AIC gathering. This year’s meeting is particularly special, marking the 50th time we have convened for this important event.

Through this meeting, we aim to further our discussions on creating adaptable, inclusive, and forward-thinking response strategies that will safeguard our societies and economies for years to come.

As we all know, the insurance community operates within a regional environment that is faced with many challenges from various fronts. Thankfully, we have the ASEAN Community Vision 2045 to guide us over the next 20 years. It is a forward-looking plan aiming to create a more integrated, resilient, and sustainable Southeast Asia. This vision seeks to enhance economic cooperation, social progress, and political stability across member-states by building stronger regional ties and adapting to global changes.

Key areas include promoting digital transformation, fostering sustainable development, preparing for environmental and climate changes, enhancing disaster resilience, and ensuring inclusivity in both economic growth and technological advancements.

I wish to thank you all for the collaborative spirit we have ignited in our meetings and events this year. And on your behalf, I extend heartfelt thanks to our hosts, the Brunei Darussalam Central Bank (BDCB) and the Brunei Insurance and Takaful Association (BITA), for organizing this significant event.

Brunei, known for its rich biodiversity and lush rainforests, plays a vital role in preserving Southeast Asia’s natural heritage. This nation is also committed to sustainable development, aligning with ASEAN’s broader goals of resilience and environmental protection.

Let us together enjoy the peaceful abode graciously offered by Brunei Darussalam!