Asean Insurance Council https://aseaninsurancecouncil.org A Regional Platform of the Insurance Industry Tue, 20 Jan 2026 02:56:32 +0000 en-US 1.2 https://aseaninsurancecouncil.org https://aseaninsurancecouncil.org 1 3 2 https://wordpress.org/?v=6.9 https://aseaninsurancecouncil.org/wp-content/uploads/2023/11/cropped-Favicon-32x32.png Asean Insurance Council https://aseaninsurancecouncil.org 32 32 <![CDATA[ASEAN Natural Disaster Research and Works Sharing (ANDREWS) Committee]]> https://aseaninsurancecouncil.org/project/andrews/ Sun, 01 Mar 2020 23:22:39 +0000 https://the7.io/elementor-minimal-creative-light/?post_type=dt_portfolio&p=463 Sub Committeess

ASEAN Natural Disaster Research and Works Sharing (ANDREWS) Committee

Natural disasters, in particular earthquake and typhoons, are endemic in the ASEAN region and occurring with increased frequency and severity.

Apart from those two, we have also been faced with other life-threatening risks caused by other kinds of natural disasters, which are tsunami, volcanic eruption, landslide, flood, and storm. With rapid economic and infrastructure development as well as urban population density growth across the region in recent years, there is a greater need for coordinated effort and collaboration to address the potential threats and manage the risks posed by such disasters; as the impacts may intervene our economic development since all disasters have upward trend.

Chairman : President Director, PT. Reasuransi MAIPARK Indonesia Chair of Agricultural Insurance Working Group (AIWG) Insurance Association of Vietnam (IAV) Vice Chair of Agricultural Insurance Working Group (AIWG) Technical Director, PT Reasuransi MAIPARK Indonesia

At the AIC meeting in November 2007, a suggestion was made for a gathering of academic experts specializing in Asian natural disaster research and insurance practitioners to facilitate dialogue and information exchange. To spearhead this project, the ASEAN Natural Disaster Research & Works Sharing (ANDREWS) Committee was formed under the auspices of the AIC, comprising representatives from various technical universities and relevant research institutes in ASEAN with several ASEAN countries as its members; namely Brunei Darussalam, Cambodia, Indonesia, Philippines, Singapore, and Thailand.

Hence, the objective of the Forum is to provide a platform for insurance industry professionals, academics and university students from the ASEAN region to share and exchange information on the latest scientific research and developments relating to natural disasters such as earthquakes, floods and typhoons as well as risk transfer mechanisms for catastrophe risk management.

Throughout its development, ANDREWS has also established a specific Working Group in order to further speed up the development and resolve some deferred issues within ANDREWS. With its first meeting inaugurated in January 2016, one of the Working Group’s goals is an adjunct to ANDREWS main objective; to establish the natural catastrophe pool in ASEAN based on scientific and knowledge, within template that consists of detail and aggregate to be used in data collection. The data will be very useful in the making of disaster maps and calculating the catastrophe risk.


Formation of the ASEAN Agricultural Insurance Working Group, 29 July 2021

AIC and ANDREWS have established the ASEAN Agricultural Insurance Working Group (AIWG), a sub-group operating under the auspices of ASEAN Natural Disaster Research and Works Sharing (ANDREWS).

This Working Group will serve as a platform for agricultural stakeholders, senior insurance leaders, regulators, and institutions across the region to engage in ongoing dialogue, exchange information, and share best practices among ASEAN Member States (AMS). Its goal is to advance agricultural insurance development, benefiting the broader ASEAN community.

]]>
463 0 0 0 Natural disasters, in particular earthquake and typhoons, are endemic in the ASEAN region and occurring with increased frequency and severity.<\/strong><\/p>

Apart from those two, we have also been faced with other life-threatening risks caused by other kinds of natural disasters, which are tsunami, volcanic eruption, landslide, flood, and storm. With rapid economic and infrastructure development as well as urban population density growth across the region in recent years, there is a greater need for coordinated effort and collaboration to address the potential threats and manage the risks posed by such disasters; as the impacts may intervene our economic development since all disasters have upward trend.<\/p>","eael_dch_content_alignment":"left","eael_dch_container_margin":{"unit":"px","top":"0","right":"0","bottom":"0","left":"0","isLinked":false},"eael_dch_base_title_color":"#000000","eael_dch_dual_title_color":"#2696FF","eael_dch_first_title_typography_typography":"custom","eael_dch_first_title_typography_font_family":"Poppins","eael_dch_first_title_typography_font_size":{"unit":"px","size":16,"sizes":[]},"eael_dch_first_title_typography_font_weight":"500","eael_dch_first_title_typography_line_height":{"unit":"px","size":26,"sizes":[]},"eael_tooltip_section_content":"I am a tooltip","eael_ext_content_protection_password_placeholder":"Enter Password","eael_ext_content_protection_password_submit_btn_txt":"Submit","eael_ext_content_protection_password_incorrect_message":"Password does not match.","eael_dch_first_title_typography_text_transform":"capitalize","title_color":"#222222","eael_cl_logics":[{"_id":"770877a"}],"eael_dch_bg_color":"#FFFFFF00","eael_dch_subtext_color":"#000000","eael_dch_subtext_typography_typography":"custom","eael_dch_subtext_typography_font_family":"Poppins","eael_dch_subtext_typography_font_size":{"unit":"px","size":16,"sizes":[]},"eael_dch_subtext_typography_font_weight":"400","eael_dch_first_title_typography_font_size_tablet":{"unit":"px","size":14,"sizes":[]},"eael_dch_subtext_typography_font_size_tablet":{"unit":"px","size":14,"sizes":[]}},"elements":[],"widgetType":"eael-dual-color-header"}],"isInner":false},{"id":"c5aad47","elType":"column","settings":{"_column_size":50,"_inline_size":null,"_inline_size_tablet":50,"padding_tablet":{"unit":"px","top":"0","right":"22","bottom":"0","left":"0","isLinked":false},"eael_cl_logics":[{"_id":"c8a0e4d"}]},"elements":[{"id":"b939b73","elType":"widget","settings":{"eael_fancy_text_prefix":"Chairman :","eael_fancy_text_strings":[{"eael_fancy_text_strings_text_field":"Kocu Andre Hutagalung","_id":"610b73a"}],"eael_fancy_text_suffix":"President Director, PT. 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At the AIC meeting in November 2007, a suggestion was made for a gathering of academic experts specializing in Asian natural disaster research and insurance practitioners to facilitate dialogue and information exchange. To spearhead this project, the ASEAN Natural Disaster Research & Works Sharing (ANDREWS) Committee was formed under the auspices of the AIC, comprising representatives from various technical universities and relevant research institutes in ASEAN with several ASEAN countries as its members; namely Brunei Darussalam, Cambodia, Indonesia, Philippines, Singapore, and Thailand.<\/p>\n

Hence, the objective of the Forum is to provide a platform for insurance industry professionals, academics and university students from the ASEAN region to share and exchange information on the latest scientific research and developments relating to natural disasters such as earthquakes, floods and typhoons as well as risk transfer mechanisms for catastrophe risk management.<\/p>\n

Throughout its development, ANDREWS has also established a specific Working Group in order to further speed up the development and resolve some deferred issues within ANDREWS. With its first meeting inaugurated in January 2016, one of the Working Group\u2019s goals is an adjunct to ANDREWS main objective; to establish the natural catastrophe pool in ASEAN based on scientific and knowledge, within template that consists of detail and aggregate to be used in data collection. The data will be very useful in the making of disaster maps and calculating the catastrophe risk.<\/p>\n


<\/p>\n

Formation of the ASEAN Agricultural Insurance Working Group, 29 July 2021<\/b><\/p>

AIC and ANDREWS have established the ASEAN Agricultural Insurance Working Group (AIWG), a sub-group operating under the auspices of ASEAN Natural Disaster Research and Works Sharing (ANDREWS).<\/p>

This Working Group will serve as a platform for agricultural stakeholders, senior insurance leaders, regulators, and institutions across the region to engage in ongoing dialogue, exchange information, and share best practices among ASEAN Member States (AMS). Its goal is to advance agricultural insurance development, benefiting the broader ASEAN community.<\/p>\n

<\/p>","align":"justify","text_color":"#000000","typography_typography":"custom","typography_font_family":"Poppins","typography_font_size":{"unit":"px","size":16,"sizes":[]},"typography_font_weight":"400"},"elements":[],"widgetType":"text-editor"}],"isInner":false}]]]> <![CDATA[ASEAN Council of Bureaux (COB)]]> https://aseaninsurancecouncil.org/project/cob/ Sun, 01 Mar 2020 23:24:00 +0000 https://the7.io/elementor-minimal-creative-light/?post_type=dt_portfolio&p=482 Sub Committeess

ASEAN Council of Bureaux

COB has continued to work on implementing Protocol 5 on the ASEAN scheme of compulsory motor vehicle insurance of the ASEAN Framework Agreement on the Facilitation of Goods in Transit (AFAFGIT). The COB has improved the coverage of compulsory cross-border motor insurance by enhancing the Compulsory Automobile Liability Insurance (CALI).

COB is a sub-committee which was established under Article 11 of Protocol 5 (ASEAN Scheme of Compulsory Motor Vehicle Insurance) which was signed on 18 April 2001 in Kuala Lumpur, Malaysia to coordinate and supervise the legal, technical, administrative and financial operations of the National Bureaux of the Contracting Parties.

Chairman : Insurance Association of Cambodia (IAC) - Cambodia Vice Chairman : Road Accident Victims Protection Co., Ltd. (RVP) – Thailand

Referring to Article 12,

on its composition the Sub-Committee shall consist of one representative from each National Bureau and a representative of the Transit Transport Coordinating Board. Further to it, its Chairman and Vice-Chairman are elected from among the members for a fixed term and according to the rotation principle. Regarding the activity, the COB itself has a fixed agenda to meet annually in its efforts to support the project.

Further on the Protocol, it is stated under Article 13 that COB serves these following functions:

  • Determine and adopt the form and content of the Blue Card
  • Establish its annual budget and fix the annual contributions to be paid by each National Bureau
  • Coordinate the operations of all the National Bureaux. Prepare an Inter-Bureaux Agreement which shall be signed by all the National Bureaux and which the Council alone may amend
  • Make recommendations to the relevant authorities, with a view to improving the ASEAN Scheme of Compulsory Motor Vehicle Insurance and strengthening road traffic accident prevention, where necessary, through amendments to the laws and regulations in force in the Contracting Parties
  • Settle disputes between any two or more National Bureaux relating to the application or interpretation of the provisions of this Protocol
  • Present a report annually to the ASEAN Insurance Regulators Meeting.

 

ASEAN COB MOUs

(i)        Cambodia, Lao PDR, Myanmar, Thailand, and Viet Nam (The Cooperation on Compulsory Motor Vehicle Insurance for Vehicles in Transit signed on 24 September 2009 by National Bureau and Regulators)

(ii)       Brunei Darussalam, Indonesia, and Malaysia (Establishment of a Cross-Border Scheme for Compulsory Motor Insurance & Strengthen Cooperation on 26 November 2018 by National Bureau)

(iii)  Myanmar and Thailand (Cooperation on Cross-Border Motor Vehicle Insurance Underwriting and Claim Settlement Services on 12 March 2019 by National Bureau)

(iv) 10 Member Countries (MOU on Cooperation to Utilize ASEAN Compulsory Motor Vehicle Insurance (ACMI) on 11 October 2021

The COB Sub-Committee has established an official website which can be accessed at www.aseancob.org

The registered national bureau in COB are as follows:

  • Brunei Insurance and Takaful Association (BITA) – Brunei Darussalam
  • Insurance Association of Cambodia (IAC) – Cambodia
  • PT Jasa Raharja (Persero) – Indonesia
  • National Bureau of Laos – Lao PDR
  • General Insurance Association of Malaysia (PIAM) – Malaysia
  • Myanma Insurance – Myanmar
  • Philippines Insurers & Reinsurers Association (PIRA) – Philippines
  • General Insurance Association (GIA) of Singapore – Singapore
  • Road Accident Victims Protection Co., Ltd. (RVP) – Thailand
  • VINABAI – Vietnam

To accelerate the completion of its assignment, the COB established a sub-initiative which is called the COB-Working Group. So far, the Working Group has conducted 11 meetings in total:

First was held in Bangkok, 15-16 June 2015; second in Bandung, 28-29 January 2016; third was in Bangkok, 25-26 August 2016; fourth in Udonthani, 28-29 August 2017, the fifth in Bali 11-12 Jul 2018, sixth in Seri Begawan on 11-12 April 2019, and four meetings were held through video conference on 15 September 2020, 16 September 2021, 2 June 2022, and 17 July 2023. Finally, this year an onsite meeting was held in Hoi An, Vietnam on 9 August 2024.

The meeting agenda also includes the involvement of Regulators from countries in ASEAN, as their attendance is compulsory to support the implementation of COB programs.

Further on the operations of COB, it is agreed that to improve the implementation of Protocol 5, the cross-border activities has been broken down into three sub-block regions:

  • Cambodia, Lao PDR, Myanmar, Thailand, and Viet Nam
  • Malaysia, Singapore, and Thailand
  • Brunei Darussalam, Indonesia, Malaysia, and Philippines
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match.","_animation":"fadeInLeft","animation_duration":"slow","_animation_delay":600,"motion_fx_motion_fx_scrolling":"yes","motion_fx_translateY_effect":"yes","motion_fx_translateY_speed":{"unit":"px","size":1,"sizes":[]},"eael_cl_logics":[{"_id":"4ab1786"}],"space":{"unit":"%","size":80,"sizes":[]},"height":{"unit":"px","size":135,"sizes":[]},"object-fit":"cover"},"elements":[],"widgetType":"image"}],"isInner":false}],"isInner":false},{"id":"4ac44cc","elType":"section","settings":{"content_width":{"unit":"px","size":1170,"sizes":[]},"eael_parallax_layers_list":[],"structure":"20","padding":{"unit":"px","top":"100","right":"0","bottom":"0","left":"400","isLinked":false},"padding_tablet":{"unit":"px","top":"60","right":"10","bottom":"60","left":"10","isLinked":false},"eael_cl_logics":[{"_id":"5bad6cf"}],"animation":"fadeInUp","animation_duration":"slow"},"elements":[{"id":"951bfb6","elType":"column","settings":{"_column_size":50,"_inline_size":50,"padding":{"unit":"px","top":"0","right":"0","bottom":"0","left":"50","isLinked":false},"_inline_size_tablet":50,"padding_tablet":{"unit":"px","top":"0","right":"0","bottom":"0","left":"20","isLinked":false},"padding_mobile":{"unit":"px","top":"40","right":"0","bottom":"0","left":"0","isLinked":false},"eael_cl_logics":[{"_id":"162aa4f"}],"margin":{"unit":"px","top":"0","right":"0","bottom":"0","left":"0","isLinked":false}},"elements":[{"id":"b41b4f9","elType":"widget","settings":{"title":"Referring to Article 12,","title_color":"#222222","typography_typography":"custom","typography_font_family":"Poppins","typography_font_size":{"unit":"px","size":45,"sizes":[]},"typography_font_size_tablet":{"unit":"px","size":35,"sizes":[]},"typography_font_size_mobile":{"unit":"px","size":32,"sizes":[]},"typography_font_weight":"600","typography_text_transform":"capitalize","typography_line_height":{"unit":"px","size":60,"sizes":[]},"eael_tooltip_section_content":"I am a tooltip","eael_ext_content_protection_password_placeholder":"Enter Password","eael_ext_content_protection_password_submit_btn_txt":"Submit","eael_ext_content_protection_password_incorrect_message":"Password does not match.","typography_line_height_tablet":{"unit":"px","size":52,"sizes":[]},"typography_line_height_mobile":{"unit":"px","size":40,"sizes":[]},"_z_index":1,"_element_width_tablet":"initial","_element_width_mobile":"initial","_element_custom_width":{"unit":"%","size":85,"sizes":[]},"_element_custom_width_tablet":{"unit":"%","size":100,"sizes":[]},"_element_custom_width_mobile":{"unit":"%","size":100,"sizes":[]},"eael_cl_logics":[{"_id":"28b5c2d"}]},"elements":[],"widgetType":"heading"},{"id":"7a85104","elType":"widget","settings":{"eael_show_dch_icon_content":"","eael_dch_first_title":"","eael_dch_last_title":"on its composition the Sub-Committee shall consist of one representative from each National Bureau and a representative of the Transit Transport Coordinating Board. Further to it, its Chairman and Vice-Chairman are elected from among the members for a fixed term and according to the rotation principle. Regarding the activity, the COB itself has a fixed agenda to meet annually in its efforts to support the project.","eael_dch_subtext":"

Further on the Protocol, it is stated under Article 13 that COB serves these following functions:<\/p>

  • Determine and adopt the form and content of the Blue Card<\/li>
  • Establish its annual budget and fix the annual contributions to be paid by each National Bureau<\/li>
  • Coordinate the operations of all the National Bureaux. Prepare an Inter-Bureaux Agreement which shall be signed by all the National Bureaux and which the Council alone may amend<\/li>
  • Make recommendations to the relevant authorities, with a view to improving the ASEAN Scheme of Compulsory Motor Vehicle Insurance and strengthening road traffic accident prevention, where necessary, through amendments to the laws and regulations in force in the Contracting Parties<\/li><\/ul>
    • Settle disputes between any two or more National Bureaux relating to the application or interpretation of the provisions of this Protocol<\/li>
    • Present a report annually to the ASEAN Insurance Regulators Meeting.<\/li><\/ul>

      \u00a0<\/p>

      ASEAN COB MOUs<\/strong><\/p>

      (i)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Cambodia, Lao PDR, Myanmar, Thailand, and Viet Nam (The Cooperation on Compulsory Motor Vehicle Insurance for Vehicles in Transit signed on 24 September 2009 by National Bureau and Regulators)<\/p>

      (ii)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Brunei Darussalam, Indonesia, and Malaysia (Establishment of a Cross-Border Scheme for Compulsory Motor Insurance & Strengthen Cooperation on 26 November 2018 by National Bureau)<\/p>

      (iii)\u00a0 Myanmar and Thailand (Cooperation on Cross-Border Motor Vehicle Insurance Underwriting and Claim Settlement Services on 12 March 2019 by National Bureau)<\/p>

      (iv) 10 Member Countries (MOU on Cooperation to Utilize ASEAN Compulsory Motor Vehicle Insurance (ACMI) on 11 October 2021<\/p>","eael_dch_content_alignment":"left","eael_dch_container_margin":{"unit":"px","top":"0","right":"0","bottom":"0","left":"0","isLinked":false},"eael_dch_base_title_color":"#000000","eael_dch_dual_title_color":"#2696FF","eael_dch_first_title_typography_typography":"custom","eael_dch_first_title_typography_font_family":"Poppins","eael_dch_first_title_typography_font_size":{"unit":"px","size":16,"sizes":[]},"eael_dch_first_title_typography_font_weight":"400","eael_dch_first_title_typography_line_height":{"unit":"px","size":26,"sizes":[]},"eael_tooltip_section_content":"I am a tooltip","eael_ext_content_protection_password_placeholder":"Enter Password","eael_ext_content_protection_password_submit_btn_txt":"Submit","eael_ext_content_protection_password_incorrect_message":"Password does not match.","eael_dch_first_title_typography_text_transform":"capitalize","title_color":"#222222","eael_cl_logics":[{"_id":"770877a"}],"eael_dch_subtext_color":"#000000","eael_dch_subtext_typography_typography":"custom","eael_dch_subtext_typography_font_family":"Poppins","eael_dch_first_title_typography_font_size_tablet":{"unit":"px","size":14,"sizes":[]},"eael_dch_subtext_typography_font_size_tablet":{"unit":"px","size":14,"sizes":[]}},"elements":[],"widgetType":"eael-dual-color-header"},{"id":"7a9720b","elType":"widget","settings":[],"elements":[],"widgetType":"spacer"}],"isInner":false},{"id":"b690c35","elType":"column","settings":{"_column_size":50,"_inline_size":50,"content_position":"center","padding":{"unit":"px","top":"0","right":"0","bottom":"0","left":"50","isLinked":false},"_inline_size_tablet":50,"padding_tablet":{"unit":"px","top":"0","right":"0","bottom":"0","left":"20","isLinked":false},"padding_mobile":{"unit":"px","top":"40","right":"0","bottom":"0","left":"0","isLinked":false},"eael_cl_logics":[{"_id":"162aa4f"}]},"elements":[{"id":"1e20eac","elType":"widget","settings":{"title":"The COB Sub-Committee has established an official website which can be accessed at www.aseancob.org","title_color":"#000000","typography_typography":"custom","typography_font_family":"Poppins","typography_font_size":{"unit":"px","size":30,"sizes":[]},"typography_font_size_tablet":{"unit":"px","size":35,"sizes":[]},"typography_font_size_mobile":{"unit":"px","size":20,"sizes":[]},"typography_font_weight":"600","typography_line_height":{"unit":"px","size":40,"sizes":[]},"eael_tooltip_section_content":"I am a tooltip","eael_ext_content_protection_password_placeholder":"Enter Password","eael_ext_content_protection_password_submit_btn_txt":"Submit","eael_ext_content_protection_password_incorrect_message":"Password does not match.","typography_line_height_tablet":{"unit":"px","size":52,"sizes":[]},"typography_line_height_mobile":{"unit":"px","size":25,"sizes":[]},"_z_index":1,"_element_width_tablet":"initial","_element_width_mobile":"initial","_element_custom_width":{"unit":"%","size":85,"sizes":[]},"_element_custom_width_tablet":{"unit":"%","size":100,"sizes":[]},"_element_custom_width_mobile":{"unit":"%","size":100,"sizes":[]},"eael_cl_logics":[{"_id":"28b5c2d"}],"link":{"url":"http:\/\/www.aseancob.org\/","is_external":"on","nofollow":"","custom_attributes":""},"header_size":"h1","align":"left","_margin":{"unit":"px","top":"-200","right":"0","bottom":"0","left":"0","isLinked":false},"align_tablet":"left","typography_letter_spacing_mobile":{"unit":"px","size":0,"sizes":[]},"_margin_tablet":{"unit":"px","top":"0","right":"0","bottom":"0","left":"0","isLinked":true},"_margin_mobile":{"unit":"px","top":"0","right":"0","bottom":"0","left":"0","isLinked":true}},"elements":[],"widgetType":"heading"},{"id":"13468f8","elType":"widget","settings":{"eael_show_dch_icon_content":"","eael_dch_first_title":"","eael_dch_last_title":"","eael_dch_subtext":"

      The registered national bureau in COB are as follows:<\/p>

      • Brunei Insurance and Takaful Association (BITA) \u2013 Brunei Darussalam<\/li>
      • Insurance Association of Cambodia (IAC) \u2013 Cambodia<\/li>
      • PT Jasa Raharja (Persero) \u2013 Indonesia<\/li>
      • National Bureau of Laos \u2013 Lao PDR<\/li>
      • General Insurance Association of Malaysia (PIAM) \u2013 Malaysia<\/li>
      • Myanma Insurance \u2013 Myanmar<\/li>
      • Philippines Insurers & Reinsurers Association (PIRA) \u2013 Philippines<\/li>
      • General Insurance Association (GIA) of Singapore \u2013 Singapore<\/li>
      • Road Accident Victims Protection Co., Ltd. (RVP) \u2013 Thailand<\/li>
      • VINABAI \u2013 Vietnam<\/li><\/ul>

        To accelerate the completion of its assignment, the COB established a sub-initiative which is called the COB-Working Group. So far, the Working Group has conducted 11 meetings in total:<\/p>

        First was held in Bangkok, 15-16 June 2015; second in Bandung, 28-29 January 2016; third was in Bangkok, 25-26 August 2016; fourth in Udonthani, 28-29 August 2017, the fifth in Bali 11-12 Jul 2018, sixth in Seri Begawan on 11-12 April 2019, and four meetings were held through video conference on 15 September 2020, 16 September 2021, 2 June 2022, and 17 July 2023. Finally, this year an onsite meeting was held in Hoi An, Vietnam on 9 August 2024.<\/p>

        The meeting agenda also includes the involvement of Regulators from countries in ASEAN, as their attendance is compulsory to support the implementation of COB programs.<\/p>

        Further on the operations of COB, it is agreed that to improve the implementation of Protocol 5, the cross-border activities has been broken down into three sub-block regions:<\/p>

        • Cambodia, Lao PDR, Myanmar, Thailand, and Viet Nam<\/li>
        • Malaysia, Singapore, and Thailand<\/li>
        • Brunei Darussalam, Indonesia, Malaysia, and Philippines<\/li><\/ul>","eael_dch_content_alignment":"left","eael_dch_container_margin":{"unit":"px","top":"0","right":"0","bottom":"0","left":"0","isLinked":false},"eael_dch_base_title_color":"#222222","eael_dch_dual_title_color":"#2696FF","eael_dch_first_title_typography_typography":"custom","eael_dch_first_title_typography_font_family":"Poppins","eael_dch_first_title_typography_font_size":{"unit":"px","size":16,"sizes":[]},"eael_dch_first_title_typography_font_weight":"400","eael_dch_first_title_typography_line_height":{"unit":"px","size":26,"sizes":[]},"eael_tooltip_section_content":"I am a tooltip","eael_ext_content_protection_password_placeholder":"Enter Password","eael_ext_content_protection_password_submit_btn_txt":"Submit","eael_ext_content_protection_password_incorrect_message":"Password does not match.","eael_dch_first_title_typography_text_transform":"capitalize","title_color":"#222222","eael_cl_logics":[{"_id":"770877a"}],"eael_dch_subtext_typography_typography":"custom","eael_dch_subtext_typography_font_family":"Poppins","eael_dch_subtext_typography_font_size":{"unit":"px","size":16,"sizes":[]},"eael_dch_subtext_typography_font_weight":"400","eael_dch_first_title_typography_font_size_tablet":{"unit":"px","size":14,"sizes":[]},"eael_dch_subtext_typography_font_size_tablet":{"unit":"px","size":14,"sizes":[]}},"elements":[],"widgetType":"eael-dual-color-header"}],"isInner":false}],"isInner":false}]]]> <![CDATA[art-por-021]]> https://aseaninsurancecouncil.org/project/cob/art-por-021/ Mon, 16 Mar 2020 15:25:47 +0000 https://aseaninsurancecouncil.org/demo/wp-content/uploads/2020/03/art-por-021.jpg 483 482 0 0 <![CDATA[ASEAN Reinsurance Working Committee (ARWC)]]> https://aseaninsurancecouncil.org/project/arwc/ Sun, 01 Mar 2020 12:02:00 +0000 https://the7.io/elementor-minimal-creative-light/?post_type=dt_portfolio&p=2240 Sub Committeess

          ASEAN Reinsurance Working Committee (ARWC)

          The ASEAN Reinsurance Working Group (ARWG) has proposed concrete refinements to reinsurance regulations that could address the region’s needs for reinsurance schemes. In the Asian Reinsurance Summit held on July 2017, representatives from most of the national reinsurers in Asia met to discuss reinsurance in Asia and the ASEAN region. Recognizing the need for an official ASEAN channel and forum to support the ASEAN reinsurance integration and harmonization, the representatives signed the Bandung Statement (attached as Annex A) and sought the assistance of the ASEAN Insurance Council Board and Management to create a separate work stream for reinsurance under the auspices of the ASEAN Insurance Council.

          Chairman : Chief Executive Officer, Cambodia Re Vice Chairman : Secretary-General, Thai General Insurance Association

          The Reinsurance Working committee has been established in 2017 by the ASEAN Insurance Council to:

          •  Address the need for an official ASEAN channel for high-profile discussions specific to reinsurance among national reinsurers in the region;
          • Serve as an avenue for national reinsurers, which are key players in the development of the insurance industry, to craft their responses to various industry issues and their strategies to address such issues;
          • Help participants of the ASEAN Insurance Regulators’ meeting engage in more fruitful discussions on reinsurance by providing them the viewpoints of the reinsurers;
          • Aid regulators in coming up with more guided decisions which affect both direct insurers and reinsurers; help regulators in harmonizing regulation within ASEAN;
          • Promote a healthy and cooperative environment between the different stakeholders in the insurance and reinsurance industry
          ]]>
          2240 0 0 0 The Reinsurance Working committee has been established in 2017 by the ASEAN Insurance Council to:<\/p>
          • \u00a0Address the need for an official ASEAN channel for high-profile discussions specific to reinsurance among national reinsurers in the region;<\/li>
          • Serve as an avenue for national reinsurers, which are key players in the development of the insurance industry, to craft their responses to various industry issues and their strategies to address such issues;<\/li>
          • Help participants of the ASEAN Insurance Regulators\u2019 meeting engage in more fruitful discussions on reinsurance by providing them the viewpoints of the reinsurers;<\/li>
          • Aid regulators in coming up with more guided decisions which affect both direct insurers and reinsurers; help regulators in harmonizing regulation within ASEAN;<\/li>
          • Promote a healthy and cooperative environment between the different stakeholders in the insurance and reinsurance industry<\/li><\/ul>","__globals__":{"typography_typography":""},"align":"justify","typography_typography":"custom","typography_font_family":"Poppins","typography_font_size":{"unit":"px","size":16,"sizes":[]},"typography_font_weight":"400","typography_text_transform":"none","typography_line_height":{"unit":"em","size":1.5,"sizes":[]},"raw_id":"el_content_1","text_color":"#000000"},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> <![CDATA[ASEAN Takaful/Retakaful Working Committee (ATRWC)]]> https://aseaninsurancecouncil.org/project/atrwc/ Wed, 01 Jan 2020 09:13:12 +0000 https://the7.io/elementor-minimal-creative-light/?post_type=dt_portfolio&p=2247 Sub Committeess

            ASEAN Takaful/Retakaful Working Committee (ATRWC)

            The newly formed ASEAN Takaful/Retakaful Working Committee (ATRWC) was approved during 48th AIC Meeting held in Bangkok on 7 December 2022. It is the fifth Working Group of AIC and it will serve as the official ASEAN channel for cooperation among Takaful Associations and Takaful and Retakaful operators in the region. The following Takaful and Retakaful associations and companies involved in the formation of the Working Committee: Indonesia Sharia Insurance Association (AASI), Brunei Insurance and Takaful Association (BITA), Malaysian Takaful Association (MTA), Malaysian Reinsurance Berhad, Malaysian Re Retakaful, PT Reasuransi Syariah Indonesia (ReINDO Syariah) Thai General Insurance Association (TGIA), The Thai Life Assurance Association (TLAA)

            Chairman : PT. Reasuransi Syariah Indonesia (ReINDO Syariah) Vice Chairman : Brunei and Takaful Insurance Association (BITA)

            The Takaful/Retakaful Working Committee will:

            • Develop guidelines for national Takaful and Retakaful operators in compiling matrices of Sharia/Takaful regulation in their markets, focusing on pressing industry issues as identified by the Group members; compare these Sharia/Takaful regulations with the best practices in other markets.
            • Identify key Takaful and Retakaful regulatory needs common to all or most ASEAN markets and the best practices that may address these needs; summarize and present the Committee's discussions to the regulators and propose concrete refinements to Sharia/Takaful regulation that could address the region's needs and foster the development of the ASEAN Economic Community.
            • Recommend or initiate activities that will foster the development of the ASEAN Economic Community. Such initiatives may include but not limited to:
              • Creation of a mechanism for exchange information and data among ASEAN Takaful and Retakaful operators, including but not limited to Takaful and Retakaful inward and outward.
              • Creation of a mechanism for exchange of employees (Takaful and Retakaful professionals) as interns for a certain period of time in another country’s Takaful and Retakaful operators, as this will help each company’s understanding of various market characteristics, and drive unity toward within the ASEAN Economic Community
              • Exchange of business among ASEAN Takaful and Retakaful operators; combining Takaful and Retakaful capacity together as a package to have better bargaining power
              • Exchange of Takaful and Retakaful related researches among countries
              • Discussion on the advancements in technology and how Takaful and Retakaful operators can leverage such technologies for the development of the industry
              • Increasing Takaful and Retakaful literacy and penetration
            • Report the minutes of its meetings and the results of its initiatives to the ASEAN Insurance Council.
            ]]>
            2247 0 0 0 The Takaful\/Retakaful Working Committee will:<\/p>
            • Develop guidelines for national Takaful and Retakaful operators in compiling matrices of Sharia\/Takaful regulation in their markets, focusing on pressing industry issues as identified by the Group members; compare these Sharia\/Takaful regulations with the best practices in other markets.<\/li>
            • Identify key Takaful and Retakaful regulatory needs common to all or most ASEAN markets and the best practices that may address these needs; summarize and present the Committee's discussions to the regulators and propose concrete refinements to Sharia\/Takaful regulation that could address the region's needs and foster the development of the ASEAN Economic Community.<\/li>
            • Recommend or initiate activities that will foster the development of the ASEAN Economic Community. Such initiatives may include but not limited to:
              • Creation of a mechanism for exchange information and data among ASEAN Takaful and Retakaful operators, including but not limited to Takaful and Retakaful inward and outward.<\/li>
              • Creation of a mechanism for exchange of employees (Takaful and Retakaful professionals) as interns for a certain period of time in another country\u2019s Takaful and Retakaful operators, as this will help each company\u2019s understanding of various market characteristics, and drive unity toward within the ASEAN Economic Community<\/li>
              • Exchange of business among ASEAN Takaful and Retakaful operators; combining Takaful and Retakaful c<\/strong>apacity together as a package to have better bargaining power<\/li>
              • Exchange of Takaful and Retakaful related researches among countries<\/li>
              • Discussion on the advancements in technology and how Takaful and Retakaful operators can leverage such technologies for the development of the industry<\/li>
              • Increasing Takaful and Retakaful literacy and penetration<\/li><\/ul><\/li>
              • Report the minutes of its meetings and the results of its initiatives to the ASEAN Insurance Council.<\/li><\/ul>","__globals__":{"typography_typography":""},"align":"justify","typography_typography":"custom","typography_font_family":"Poppins","typography_font_size":{"unit":"px","size":16,"sizes":[]},"typography_font_weight":"400","typography_text_transform":"none","typography_line_height":{"unit":"em","size":1.5,"sizes":[]},"raw_id":"el_content_1","text_color":"#000000"},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> <![CDATA[ASEAN Insurance Education Committee (AIEC)]]> https://aseaninsurancecouncil.org/project/aiec/ Sun, 01 Mar 2020 23:00:47 +0000 https://the7.io/elementor-minimal-creative-light/?post_type=dt_portfolio&p=2254 Sub Committeess

                ASEAN Insurance Education Committee (AIEC)

                Other than creating a healthy business environment within insurance industry, the ASEAN Insurance Council also puts its highest interest to the development of quality and capability of the human resources in the industry. In conjunction to this, the insurance sector must ensure that it has the talent needed to achieve the goals of meeting customers’ long-term financing and retirement needs while fulfilling its social function of providing resources for infrastructure, retirement, natural disaster risk mitigation and trade.

                Chairman : Chief Executive Officer – Singapore College of Insurance (SCI) Vice Chairman : Executive Director – Insurance Institute for Asia and the Pacific (IIAP) Chair of Actuarial Talent Development Working Committee (ATDWC) Singapore Actuarial Society (SAS) Vice Chair of Actuarial Talent Development Working Committee (ATDWC) Cambodia Actuarial Working Group

                During the process of achieving this, the sector has realised that it has been faced with critical skills shortage, both in technical as well as top level leadership capabilities. Due to this very reason, the Council believes that a strong educational foundation is highly necessary to create quality workforce; thus the ASEAN Insurance Education Committee (AIEC) was established in 2003.

                Throughout its development, various programmes have been conducted regularly by AIEC; a number of them are in cooperation with several other organisation, which are: (i) ASEAN Insurance Training and Research Institute (AITRI), (ii) Singapore College of Insurance (SCI), (iii) ASEAN Insurance Quarterly E-Magazine; (iv) Insurance Institute for Asia and the Pacific (IIAP), and (v) ASEAN Actuarial Talent Development Working Committee.

                Programmes & Projects

                These are the following programmes and projects which have been successfully carried out by AIEC and currently on-going:

                • ASEAN Young Manager Award (YAMA Award); a regular program conducted every year/annually, led by AITRI
                • ASEAN Insurance Congress; a regular program conducted once every two years/bi-annually, led by AITRI
                • ASEAN School for Young Insurance Managers (AYIM) together with AYIM Scholarship Grant; regular programmes conducted every year/annually, led by SCI
                • ASEAN School for Advance Insurance Leadership (SAIL); a regular program conducted every year/annually, led by SCI
                • ASEAN Insurance Quarterly E-Magazine, in cooperation with IIAP
                • ASEAN Managers Microinsurance Course (AMMC), in cooperation with IIAP
                • ASEAN Actuarial Talent Development Working Committee
                • ASEAN Insurance Education Masterplan
                • ASEAN Reinsurance Programme
                • ASEAN Insurance Diploma
                • ASEAN Insurtech School

                Working Committee

                For its most recent programme, AIEC has formed the ASEAN Education Master Plan Working Committee in Bali on 13 July 2018. The objective of this Working Committee is to establish the ASEAN Education Master Plan to accomplish the following tasks:
                • Map out existing stock of training and certification programmes in the respective ASEAN member states; 
                • Identify training gaps across the Region; 
                • Draw up the ASEAN Education Master Plan with the time frame on execution, to meet training gaps for the industry in order to prepare itself adequately to help build an ASEAN economic power.

                Already in its 4th year, the popular ARP Training Programmes conducted for the first time in 2021, were delivered virtually to participants all over South-East Asia.

                ]]>
                2254 0 0 0 During the process of achieving this, the sector has realised that it has been faced with critical skills shortage, both in technical as well as top level leadership capabilities. Due to this very reason, the Council believes that a strong educational foundation is highly necessary to create quality workforce; thus the <\/span>ASEAN Insurance Education Committee (AIEC)<\/b> was established in 2003.<\/span><\/p>

                Throughout its development, various programmes have been conducted regularly by AIEC; a number of them are in cooperation with several other organisation, which are: (i) ASEAN Insurance Training and Research Institute (AITRI), (ii) Singapore\u00a0<\/span>College of Insurance (SCI), (iii) ASEAN Insurance Quarterly E-Magazine;\u00a0<\/span>(iv) Insurance Institute for Asia and the Pacific (IIAP), and (v) ASEAN Actuarial Talent Development Working Committee. <\/span><\/p>","__globals__":{"typography_typography":""},"_element_width":"initial","_element_custom_width":{"unit":"%","size":98.3730000000000046611603465862572193145751953125},"_flex_size":"none","typography_typography":"custom","typography_font_family":"Poppins","typography_font_size":{"unit":"px","size":16,"sizes":[]},"typography_font_weight":"500","typography_text_transform":"none","typography_line_height":{"unit":"em","size":1.5,"sizes":[]},"raw_id":"el_content_1","align":"justify","text_color":"#000000","typography_font_size_mobile":{"unit":"px","size":12,"sizes":[]}},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false},{"id":"73e9f853","elType":"section","settings":{"gap":"wider","margin":{"unit":"px","top":"10","right":0,"bottom":"10","left":0,"isLinked":false},"padding":{"unit":"px","top":"0","right":"0","bottom":"0","left":"300","isLinked":false},"padding_mobile":{"unit":"px","top":"0","right":"0","bottom":"0","left":"0","isLinked":true},"structure":"20"},"elements":[{"id":"6f34d70d","elType":"column","settings":{"_column_size":50,"_inline_size":null},"elements":[{"id":"63504a0d","elType":"widget","settings":{"title":"Programmes & Projects","header_size":"h3","__globals__":{"typography_typography":""},"typography_typography":"custom","typography_font_family":"Poppins","typography_font_size":{"unit":"px","size":30,"sizes":[]},"typography_font_size_tablet":{"unit":"px","size":26,"sizes":[]},"typography_font_weight":"600","typography_text_transform":"none","typography_line_height":{"unit":"em","size":1.1999999999999999555910790149937383830547332763671875,"sizes":[]},"raw_id":"el_title_3"},"elements":[],"widgetType":"heading"},{"id":"5b7bcb45","elType":"widget","settings":{"space":{"unit":"px","size":20,"sizes":[]}},"elements":[],"widgetType":"spacer"},{"id":"eeeae30","elType":"widget","settings":{"editor":"

                These are the following programmes and projects which have been successfully carried out by AIEC and currently on-going:<\/span><\/p>

                • ASEAN Young Manager Award (YAMA Award); a regular program conducted every year\/annually, led by AITRI<\/span><\/li>
                • ASEAN Insurance Congress; a regular program conducted once every two years\/bi-annually, led by AITRI<\/span><\/li>
                • ASEAN School for Young Insurance Managers (AYIM) together with AYIM Scholarship Grant; regular programmes conducted every year\/annually, led by SCI<\/span><\/li>
                • ASEAN School for Advance Insurance Leadership (SAIL); a regular program conducted every year\/annually, led by SCI<\/span><\/li>
                • ASEAN Insurance Quarterly E-Magazine, in cooperation with IIAP<\/span><\/li>
                • ASEAN Managers Microinsurance Course (AMMC), in cooperation with IIAP<\/span><\/li>
                • ASEAN Actuarial Talent Development Working Committee<\/span><\/li>
                • ASEAN Insurance Education Masterplan<\/span><\/li>
                • ASEAN Reinsurance Programme<\/span><\/li>
                • ASEAN Insurance Diploma<\/span><\/li>
                • ASEAN Insurtech School<\/span><\/li><\/ul>","typography_typography":"custom","typography_font_family":"Poppins","typography_font_size":{"unit":"px","size":16,"sizes":[]},"align":"justify","text_color":"#000000","typography_font_size_mobile":{"unit":"px","size":12,"sizes":[]},"typography_font_weight":"400","typography_letter_spacing_mobile":{"unit":"px","size":-0.299999999999999988897769753748434595763683319091796875,"sizes":[]}},"elements":[],"widgetType":"text-editor"}],"isInner":false},{"id":"38b0db0","elType":"column","settings":{"_column_size":50,"_inline_size":null},"elements":[{"id":"d880d41","elType":"widget","settings":{"title":"Working Committee","header_size":"h3","__globals__":{"typography_typography":""},"typography_typography":"custom","typography_font_family":"Poppins","typography_font_size":{"unit":"px","size":30,"sizes":[]},"typography_font_size_tablet":{"unit":"px","size":26,"sizes":[]},"typography_font_weight":"600","typography_text_transform":"none","typography_line_height":{"unit":"em","size":1.1999999999999999555910790149937383830547332763671875,"sizes":[]},"raw_id":"el_title_3","typography_font_size_mobile":{"unit":"px","size":22,"sizes":[]}},"elements":[],"widgetType":"heading"},{"id":"e825eb3","elType":"widget","settings":{"space":{"unit":"px","size":20,"sizes":[]}},"elements":[],"widgetType":"spacer"},{"id":"158ff447","elType":"widget","settings":{"editor":"For its most recent programme, AIEC has formed the ASEAN Education Master Plan Working Committee in Bali on 13 July 2018. The objective of this Working Committee is to establish the ASEAN Education Master Plan to accomplish the following tasks:<\/span>\n
                    \n \t
                  • Map out existing stock of training and certification programmes in the respective ASEAN member states;\u00a0<\/span><\/li>\n \t
                  • Identify training gaps across the Region;\u00a0<\/span><\/li>\n \t
                  • Draw up the ASEAN Education Master Plan with the time frame on execution, to meet training gaps for the industry in order to prepare itself adequately to help build an ASEAN economic power.<\/span><\/li>\n<\/ul>","typography_typography":"custom","typography_font_family":"Poppins","typography_font_size":{"unit":"px","size":16,"sizes":[]},"align":"justify","text_color":"#000000","typography_font_size_mobile":{"unit":"px","size":12,"sizes":[]},"typography_font_weight":"400"},"elements":[],"widgetType":"text-editor"},{"id":"d91fd4e","elType":"widget","settings":{"space":{"unit":"px","size":20,"sizes":[]}},"elements":[],"widgetType":"spacer"},{"id":"2d090c3","elType":"widget","settings":{"editor":"

                    Already in its 4th<\/span>\u00a0year, the popular ARP Training Programmes conducted for the first time in 2021, were delivered virtually to participants all over South-East Asia.<\/span><\/p>

                    • \u00a0ARP Training Programmes in 2024<\/a><\/span><\/li>
                    • Schedule of ASEAN Professional Insurance Diploma 2025<\/a><\/span><\/li><\/ul>","__globals__":{"typography_typography":""},"typography_typography":"custom","typography_font_family":"Poppins","typography_font_size":{"unit":"px","size":16,"sizes":[]},"typography_font_weight":"400","typography_text_transform":"none","typography_line_height":{"unit":"em","size":1.5,"sizes":[]},"raw_id":"el_content_1","text_color":"#000000","typography_font_size_mobile":{"unit":"px","size":12,"sizes":[]}},"elements":[],"widgetType":"text-editor"}],"isInner":false}],"isInner":false}]]]> <![CDATA[p51]]> https://aseaninsurancecouncil.org/project/andrews/p51/ Thu, 26 Mar 2020 13:14:05 +0000 https://aseaninsurancecouncil.org/demo/wp-content/uploads/2020/02/p51.jpg 2260 463 0 0 <![CDATA[f091]]> https://aseaninsurancecouncil.org/project/andrews/f091/ Fri, 27 Mar 2020 13:35:27 +0000 https://aseaninsurancecouncil.org/demo/wp-content/uploads/2020/03/f091.jpg 2609 463 0 0 <![CDATA[5th ASEAN Insurance Summit 2023]]> https://aseaninsurancecouncil.org/project/5th-asean-insurance-summit-2023/ Wed, 14 Jun 2023 17:12:00 +0000 http://localhost/insurance/?post_type=dt_portfolio&p=3583 5th ASEAN Insurance Summit 2023

                      Date

                      5 December 2023
                      at Royal Halong Hotel

                      Go to Glueup App ]]> 3583 0 0 0 5th ASEAN Insurance Summit 2023<\/span>","position":"left","title_size":"div","icon_size":{"unit":"px","size":24,"sizes":[]},"title_bottom_space":{"unit":"px","size":3,"sizes":[]},"description_typography_typography":"custom","description_typography_line_height":{"unit":"em","size":1.4,"sizes":[]},"title_typography_typography":"custom","title_typography_font_size":{"unit":"px","size":16,"sizes":[]},"icon_space_mobile":{"unit":"px","size":0,"sizes":[]},"primary_color":"#A6ABB0","title_typography_font_weight":"400","title_color":"#017DC3","title_typography_font_family":"Abel"},"elements":[],"widgetType":"icon-box"}],"isInner":false},{"id":"7ccd53bf","elType":"column","settings":{"_column_size":33,"_inline_size":null,"_inline_size_tablet":50,"padding":{"unit":"%","top":"","right":"","bottom":"","left":"","isLinked":true},"padding_mobile":{"unit":"px","top":"20","right":"0","bottom":"0","left":"0","isLinked":false}},"elements":[{"id":"506355e4","elType":"widget","settings":{"selected_icon":{"value":" icomoon-the7-font-the7-arrow-35","library":"the7-icons"},"title_text":"Date","description_text":"5 December 2023<\/b>
                      at Royal Halong Hotel<\/span>","position":"left","title_size":"div","icon_size":{"unit":"px","size":14,"sizes":[]},"title_bottom_space":{"unit":"px","size":3,"sizes":[]},"description_typography_typography":"custom","description_typography_line_height":{"unit":"em","size":1.4,"sizes":[]},"title_typography_typography":"custom","title_typography_font_size":{"unit":"px","size":16,"sizes":[]},"icon_space_mobile":{"unit":"px","size":0,"sizes":[]},"primary_color":"#A6ABB0","title_typography_font_weight":"400","title_color":"#017DC3","title_typography_font_family":"Abel"},"elements":[],"widgetType":"icon-box"}],"isInner":false},{"id":"61af43ad","elType":"column","settings":{"_column_size":33,"_inline_size":null,"_inline_size_tablet":50},"elements":[{"id":"7608374","elType":"widget","settings":{"text":"Go to Glueup App","align":"justify","selected_icon":{"value":" dt-icon-the7-arrow-35-2","library":"the7-icons"},"icon_align":"right","icon_indent":{"unit":"px","size":0,"sizes":[]},"typography_typography":"custom","typography_font_weight":"400","button_text_color":"#000000","typography_font_size":{"unit":"px","size":16,"sizes":[]},"background_color":"rgba(255, 255, 255, 0)","border_border":"solid","border_width":{"unit":"px","top":"2","right":"2","bottom":"2","left":"2","isLinked":true},"border_color":"#D3D5D7","align_mobile":"justify","text_padding":{"unit":"px","top":"12","right":"12","bottom":"12","left":"12","isLinked":false},"link":{"url":"https:\/\/app.glueup.com\/event\/5th-asean-insurance-summit-89249\/","is_external":"on","nofollow":"","custom_attributes":""},"hover_color":"#000000","button_background_hover_color":"#D3D5D7"},"elements":[],"widgetType":"button"}],"isInner":false}],"isInner":false}]]]>
                      2 0 0 3 http://aseaninsurancecouncil.org 2 1 <![CDATA[12th Asia Insurance Brokers' Summit]]> https://aseaninsurancecouncil.org/?post_type=dt_portfolio&p=3590 Wed, 14 Jun 2023 17:19:00 +0000 http://localhost/insurance/?post_type=dt_portfolio&p=3590 12th Asia Insurance Brokers’ Summit

                      Dates

                      15-16 April 2024

                      Registration

                      About the Event

                      Asia Insurance Review is pleased to invite you to attend its 12th Edition of Asia Insurance Brokers’ Summit which is a must-attend event for leading broker firms, insurers, regulators, financial services providers, and industry players to come together to discuss and deliberate the pertinent issues.

                      The 12th Asia Insurance Brokers’ Summit is more than just an event; it’s a gateway to the future. It’s an opportunity to equip yourself with the knowledge and tools needed to thrive in an industry that is undergoing a remarkable transformation. With a focus on global excellence, technology insights, and customer-centricity, the conference sets the stage for innovation and success. Join us in Singapore, a thriving hub for innovation and collaboration, as we unlock the future of the insurance brokers community together. Let us Connect, innovate, and thrive together!

                      ]]>
                      3590 0 0 0 Development","align":"left","typography_typography":"custom","typography_font_size_mobile":{"unit":"px","size":28,"sizes":[]},"typography_line_height":{"unit":"em","size":1.100000000000000088817841970012523233890533447265625,"sizes":[]},"__dynamic__":{"title":"[elementor-tag id=\"521d661\" name=\"post-title\" 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icomoon-the7-font-the7-arrow-35","library":"the7-icons"},"title_text":"Dates","description_text":"15-16 April 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                      About the Event<\/strong><\/p>

                      Asia Insurance Review<\/strong><\/em>\u00a0is pleased to invite you to attend\u00a0its\u00a012th Edition of Asia Insurance Brokers\u2019 Sum<\/strong>mit which\u00a0is a must-attend event for leading broker firms, insurers,\u00a0regulators, financial services providers, and industry\u00a0players to come together to discuss and deliberate the\u00a0pertinent issues.<\/p>

                      The\u00a012th Asia Insurance Brokers\u2019 Summit<\/strong>\u00a0is more than\u00a0just an event; it\u2019s a gateway to the future. It\u2019s an\u00a0opportunity to equip yourself with the knowledge and\u00a0tools needed to thrive in an industry that is undergoing\u00a0a remarkable\u00a0transformation. With a focus on global\u00a0excellence, technology insights, and customer-centricity,\u00a0the conference sets the stage for innovation and success.\u00a0Join us in Singapore, a thriving hub for innovation and\u00a0collaboration, as we unlock the future of the insurance\u00a0brokers community together. Let us Connect, innovate,\u00a0and thrive together!<\/p>","text_columns":"1","column_gap":{"unit":"px","size":60,"sizes":[]},"text_columns_tablet":"1","text_columns_mobile":"1","typography_typography":"custom","typography_font_family":"Poppins","typography_font_size":{"unit":"px","size":14,"sizes":[]}},"elements":[],"widgetType":"text-editor"}],"isInner":false},{"id":"58ba15b1","elType":"column","settings":{"_column_size":50,"_inline_size":null},"elements":[{"id":"4030e913","elType":"widget","settings":{"image":{"id":10216,"url":"https:\/\/aseaninsurancecouncil.org\/wp-content\/uploads\/2023\/06\/12th-Asia-Insurance-Brokers-Summit.png","alt":"","source":"library","size":""}},"elements":[],"widgetType":"image"}],"isInner":false}],"isInner":false}]]]> <![CDATA[16th AYIM - ASEAN School for Young Insurance Managers]]> https://aseaninsurancecouncil.org/project/16thayim/ Tue, 20 May 2025 09:00:44 +0000 https://aseaninsurancecouncil.org/?post_type=dt_portfolio&p=4073 16th AYIM -
                      ASEAN School for Young Insurance Managers

                      Nurturing Not Just Leaders - Game Changer!

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                      About the Congress

                      The ASEAN insurance industry stands at a pivotal moment, confronted by an array of challenges that span the social, economic, environmental, geopolitical, and technological realms. As we face these disruptions, our goal is not to be immobilized but to advance with resilience and innovation.

                      The ASEAN Insurance Congress was initiated by The ASEAN Insurance Council with the intention to attract insurance practitioners / leaders to participate in a regional forum for them to establish broader regional perspectives. It was decided by AIEC (ASEAN Insurance Education Committee) that this congress will be held every two years. This congress will be an avenue for the insurance leaders from all parts of ASEAN and neighbouring countries to meet biennially.

                      Current and relevant issues pertaining to the regional insurance industry are discussed from international and local perspectives. High level speakers are invited to share their knowledge, information and views with the delegates.

                      The 14th ASEAN Insurance Congress (AIC) will be held on 25th November 2024 in Bandar Seri Begawan, Brunei Darussalam. This esteemed event will bring together key stakeholders from across the industry to tackle these pressing issues head-on. With the support of regulators, we will explore strategies to foster a sustainable future in insurance, aligning with the ASEAN Community Vision 2045. This vision calls for the ASEAN insurance sector to be forward-looking, action-oriented, and adaptable to change.

                      Delegates will have the opportunity to meet key industry leaders who are the Heads of Regulators, Presidents of Associations, CXOs/CEOs, Board members, industry professionals and others within the insurance ecosystem.

                      At this Congress, we will focus on fostering an insurance industry that is enterprising, nimble, and inclusive. We are committed to developing solutions that not only address current challenges but also pave the way for a dynamic and sustainable future.

                      Join us in Brunei Darussalam as we navigate the complexities of today’s world and strive towards a more resilient and forward-thinking insurance industry. Together, we will shape the future of insurance in ASEAN.

                      be Our Guest!

                      Days Hours Register here

                      Sponsorship Package

                      Let's collaborate together to make an impact!

                      Platinum

                      2 Slots Available

                      $ 10,000
                      • Optimum exposure with logo placement on all advertising and event materials
                      • Company name, logo with website link to be featured on event microsite
                      • added value with a short write-up under "About Sponsor" on event microsite
                      • Opportunity to enhance your online presence with dedicated post about you on all social media platforms
                      • (8 Event Passes) to attend the Sponsored Event
                      • Complimentary Exhibition Space: Opportunity for exposure during Networking Breaks
                      • Opportunity for distribution of company's promotional items
                      Sign Up Exclusive

                      Gold

                      Slots Available

                      $ 7,000
                      • Optimum exposure with logo placement on all advertising and event materials
                      • Company name, logo with website link to be featured on event microsite
                      • added value with a short write-up under "About Sponsor" on event microsite
                      • Opportunity to enhance your online presence with dedicated post about you on all social media platforms
                      • (4 Event Passes) to attend the Sponsored Event
                      • Complimentary Exhibition Space: Opportunity for exposure during Networking Breaks
                      • Opportunity for distribution of company's promotional items
                      Sign Up

                      Silver

                      Slots Available

                      $ 5,000
                      • Optimum exposure with logo placement on all advertising and event materials
                      • Company name, logo with website link to be featured on event microsite
                      • added value with a short write-up under "About Sponsor" on event microsite
                      • Opportunity to enhance your online presence with dedicated post about you on all social media platforms
                      • (2 Event Passes) to attend the Sponsored Event
                      • Complimentary Exhibition Space: Opportunity for exposure during Networking Breaks
                      • Opportunity for distribution of company's promotional items
                      Sign Up

                      Bronze

                      Slots Available

                      $ 2,500
                      • Optimum exposure with logo placement on all advertising and event materials
                      • Company name, logo with website link to be featured on event microsite
                      • added value with a short write-up under "About Sponsor" on event microsite
                      • Opportunity to enhance your online presence with dedicated post about you on all social media platforms
                      • (1 Event Pass) to attend the Sponsored Event
                      • Opportunity for distribution of company's promotional items
                      Sign Up

                      Merchandise

                      Woven Bag/ Lanyard/ Premium Items

                      $ 250 /item
                      • (Limited availability + opportunity for distribution of company’s promotional items)
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                      Common Questions

                      Where will this year's congress be held?

                      The Empire Brunei, Bandar Seri Begawan

                      What date will this year's congress be held?

                      25 November 2024

                      What is the theme of this year's congress?

                      Navigating Disruptions Towards a Sustainable Future in Insurance

                      What is the objective of this Congress?
                      • To foster a strong integration among ASEAN insurance community members
                      • To impact and obtain knowledge on international standards and best practices
                      • To discuss critical and strategic issues relevant to ASEAN insurance industry
                      • To exchange ideas and opinions with other insurance practitioners / leaders
                      Who is the target audience?

                      The event is targeted at executives who are involved in strategic operations and directions of the company at various levels. They may be Insurer, Reinsurer, Brokers, Loss Adjusters, Service Providers, and Academicians. The levels of delegates will range from management to top management. We are expecting about 100-150 delegates.

                      For more information and registration?

                      Please contact AITRI Secretariat at:

                      Nadirah Dhaniah +603 2712 8808, nadirah.dhaniah@mii.org.my Humeirah +603 2712 8819, humeirah@mii.org.my

                      Why Should You Attend

                      ★★★★★ 5/5 The in-person touch we have all been missing is back. Shake hands, network, and build new connections with senior decision-makers and leaders at the Congress. Face to Face Networking Keep up to date with the latest developments and innovations with insights from a selection of exciting, challenging and thought-provoking leaders. Exciting Speakers who are Leading Experts Our conference program was created with our high calibre organizing committee of insurance leaders to make it relevant and meaningful for you to attend. By Insurers for Insurers Meet solutions providers that are changing the trajectory of the industry, hand-picked to provide you with the most impactful solutions, key use cases and invaluable thought-leadership. Find New Partners Our expert speakers are on hand to answer your questions live so you can leave with answers to your most pressing, business-critical questions. Live Panels and Q&A Sessions While we will discuss the overarching challenges facing insurance, but we will also deep dive into the specific challenges facing different areas within the insurance industry for your benefit so you can leave with the specific answers you need. Array of Content Previous Next

                      See You in November

                      © ASEAN Insurance Congress Rights Reserved

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                      The ASEAN insurance industry stands at a pivotal moment, confronted by an array of challenges that span the social, economic, environmental, geopolitical, and technological realms. As we face these disruptions, our goal is not to be immobilized but to advance with resilience and innovation.<\/p>

                      The ASEAN Insurance Congress was initiated by The ASEAN Insurance Council with the intention to attract insurance practitioners \/ leaders to participate in a regional forum for them to establish broader regional perspectives. It was decided by AIEC (ASEAN Insurance Education Committee) that this congress will be held every two years. This congress will be an avenue for the insurance leaders from all parts of ASEAN and neighbouring countries to meet biennially.<\/p>

                      Current and relevant issues pertaining to the regional insurance industry are discussed from international and local perspectives. High level speakers are invited to share their knowledge, information and views with the delegates.<\/p>

                      The 14th ASEAN Insurance Congress (AIC) will be held on 25th November 2024 in Bandar Seri Begawan, Brunei Darussalam. This esteemed event will bring together key stakeholders from across the industry to tackle these pressing issues head-on. With the support of regulators, we will explore strategies to foster a sustainable future in insurance, aligning with the ASEAN Community Vision 2045. This vision calls for the ASEAN insurance sector to be forward-looking, action-oriented, and adaptable to change.<\/p>

                      Delegates will have the opportunity to meet key industry leaders who are the Heads of Regulators, Presidents of Associations, CXOs\/CEOs, Board members, industry professionals and others within the insurance ecosystem.<\/p>

                      At this Congress, we will focus on fostering an insurance industry that is enterprising, nimble, and inclusive. We are committed to developing solutions that not only address current challenges but also pave the way for a dynamic and sustainable future.<\/span><\/p>

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APID eCertificate - [field id=\"Full_Name\"]","email_from":"info@aseaninsurancecouncil.org","email_from_name":"Info - ASEAN Insurance Council","email_to_2":"[field id=\"email\"]","email_subject_2":"Auto Reply - APID eCertificate","email_from_2":"info@aseaninsurancecouncil.org","email_from_name_2":"Info - ASEAN Insurance Council","email_reply_to_2":"secretariat@aicsec.org","server_message":"Your submission failed because of a server error.","email_to_cc":"arief@aicsec.org","submit_actions":["save-to-database","email","email2"],"email_to_cc_2":"arief@aicsec.org"},"elements":[],"widgetType":"form"},{"id":"95400b4","elType":"widget","settings":[],"elements":[],"widgetType":"spacer"}],"isInner":false}]]]>
                        <![CDATA[17th ANDREWS]]> https://aseaninsurancecouncil.org/project/andrews/17th-andrews/ Wed, 08 Jan 2025 09:44:47 +0000 https://aseaninsurancecouncil.org/wp-content/uploads/2020/03/17th-ANDREWS.jpg 12379 463 0 0 <![CDATA[25th COB]]> https://aseaninsurancecouncil.org/project/cob/25th-cob/ Wed, 08 Jan 2025 09:59:28 +0000 https://aseaninsurancecouncil.org/wp-content/uploads/2020/03/25th-COB.jpg 12383 482 0 0 <![CDATA[Study on Women’s Representation in the ASEAN Insurance Sector​]]> https://aseaninsurancecouncil.org/project/study-on-womens-representation-in-the-asean-insurance-sector/ Tue, 04 Feb 2025 07:30:14 +0000 https://aseaninsurancecouncil.org/?post_type=dt_portfolio&p=12518

                        The ASEAN Insurance Council (AIC), in partnership with the International Finance Corporation (IFC), conducted a study on the representation of women in the ASEAN insurance sector. This study assessed how the industry could benefit from more women as employees and leaders and tap into the $1.7 trillion women’s insurance market opportunity.

                        As part of the study, we obtained insights from all 10 ASEAN countries and reached over 540 insurance organizations and more than 1,200 insurance sector employees. To conduct a deep dive into the key barriers to women’s representation in the sector, we organized nine focus group discussions and interviewed over 50 regulators and C-suite executives.

                        The results indicate that the ASEAN insurance sector performed well compared to global benchmarks, with women making up an average of 60% of the workforce. However, their representation declines with seniority, revealing a rapid attrition of women leaders. The study reveals the hidden reasons for women’s attrition and offers region-, country-, and sector-level recommendations, taking into account broader policy frameworks. It also highlights cases of insurers making meaningful interventions toward equality and inclusion.

                        Key Areas of Action for the Region

                        Based on the report’s insights, there are four priority actions to advance gender equity in the ASEAN insurance sector:

                        • Integrate gender equity into core business strategy by embedding it in product development and performance metrics.
                        • Ensure equitable compensation through gender pay parity and create pathways for women to rise to leadership levels, especially in the boardroom.
                        • Strengthen regulatory leadership by mandating sex-disaggregated data reporting and promoting gender-responsive business environments.
                        • Foster industry-wide collaboration among stakeholders to support coordinated efforts for inclusion.

                        We are incredibly grateful to the associations, regulators, companies, and individual employees who shared their insights and experiences with us. Please feel free to contact AIC team at secretariat@aicsec.org.

                        The results of the study were presented during the 6th ASEAN Insurance Summit held in Siem Reap, Cambodia, on 25 November 2025.

                        AIC Infographics_FINAL_Page_1
                        IFC - Executive Summary Page 2
                        ]]> 12518 0 0 0 The ASEAN Insurance Council (AIC), in partnership with the International Finance Corporation (IFC), conducted a study on the representation of women in the ASEAN insurance sector. This study assessed how the industry could benefit from more women as employees and leaders and tap into the $1.7 trillion women\u2019s insurance market opportunity.<\/p>

                        As part of the study, we obtained insights from all 10 ASEAN countries and reached over 540 insurance organizations and more than 1,200 insurance sector employees. To conduct a deep dive into the key barriers to women\u2019s representation in the sector, we organized nine focus group discussions and interviewed over 50 regulators and C-suite executives.<\/p>

                        The results indicate that the ASEAN insurance sector performed well compared to global benchmarks, with women making up an average\u00a0of <\/span>60%<\/b>\u00a0of the workforce. However, their representation declines\u00a0with seniority, revealing a rapid attrition of women leaders. The study reveals the hidden reasons for women\u2019s attrition and offers region-, country-, and sector-level recommendations, taking into account broader policy frameworks. It also highlights cases of insurers making meaningful interventions toward equality and inclusion.<\/p>

                        Key Areas of Action for the Region
                        <\/strong><\/p>

                        Based on the report\u2019s insights, there are four priority actions to advance gender equity in the ASEAN insurance sector:<\/p>

                        • Integrate gender equity into core business strategy by embedding it in product development and performance metrics.<\/li>
                        • Ensure equitable compensation through gender pay parity and create pathways for women to rise to leadership levels, especially in the boardroom.<\/li>
                        • Strengthen regulatory leadership by mandating sex-disaggregated data reporting and promoting gender-responsive business environments.<\/li>
                        • Foster industry-wide collaboration among stakeholders to support coordinated efforts for inclusion.<\/li><\/ul>

                          We are incredibly grateful to the associations, regulators, companies, and individual employees who shared their insights and experiences with us. Please feel free to\u00a0<\/span>contact AIC team at\u00a0secretariat@aicsec.org<\/a>.<\/b><\/p>

                          The results of the study were presented during the 6th ASEAN Insurance Summit held in Siem Reap, Cambodia, on 25 November 2025.<\/p>","align":"justify","typography_typography":"custom","typography_font_family":"Poppins","typography_font_size":{"unit":"px","size":14,"sizes":[]},"typography_font_weight":"300","_margin":{"unit":"px","top":"0","right":"100","bottom":"0","left":"200","isLinked":false},"_padding":{"unit":"px","top":"0","right":"0","bottom":"0","left":"00","isLinked":false},"text_color":"#000000"},"elements":[],"widgetType":"text-editor"},{"id":"bf648d3","elType":"widget","settings":{"content_width":"full","carousel":[{"id":15423,"url":"https:\/\/aseaninsurancecouncil.org\/wp-content\/uploads\/2025\/12\/AIC-Infographics_FINAL_Page_1-1.jpg"},{"id":15460,"url":"https:\/\/aseaninsurancecouncil.org\/wp-content\/uploads\/2025\/02\/IFC-Executive-Summary-Page-2.png"}],"thumbnail_size":"medium_large","slides_to_show":"2","slides_to_scroll":"2","_margin":{"unit":"px","top":"0","right":"100","bottom":"0","left":"200","isLinked":false}},"elements":[],"widgetType":"image-carousel"}],"isInner":false}]]]> <![CDATA[6th ASEAN Insurance Summit]]> https://aseaninsurancecouncil.org/project/6th-asean-insurance-summit/ Wed, 14 May 2025 08:12:27 +0000 https://aseaninsurancecouncil.org/?post_type=dt_portfolio&p=13325

                          6th ASEAN Insurance Summit

                          Redefining Risk in ASEAN: Driving Innovation, Inclusion & Resilience in Insurance

                          REGISTER HERE

                          The ASEAN Insurance Council is proud to host the 6th ASEAN Insurance Summit (AIS) in Siem Reap, Cambodia. This flagship event will bring together insurance leaders, regulators, insurtech players, inter-governmental agencies, and industry service providers from across the ASEAN region to explore the future of insurance and foster cross-border collaboration.

                          Anchored by the theme, "Redefining Risk in ASEAN: Driving Innovation, Inclusion & Resilience in Insurance," AIS 2025 aims to spark critical dialogue on how the region's insurance sector can respond to evolving risks and growing expectations. The Summit will spotlight forward-thinking strategies and cutting-edge technologies that are transforming customer experience, strengthening operational resilience, and expanding access to insurance across ASEAN.

                          As one of the world's most dynamic and high-growth insurance markets, ASEAN stands at a pivotal moment. AIS 2025 offers a strategic platform to influence policy, share insights, and align industry efforts to support the ASEAN Community Vision 2045. It also presents a unique opportunity to examine how innovation and inclusive practices can shape a more sustainable and future-ready insurance landscape.

                          Building on the momentum of past editions, this year's Summit will drive meaningful conversations, foster new partnerships, and accelerate progress toward a resilient, inclusive, and innovation-led ASEAN insurance ecosystem.

                          https://youtu.be/LREcY6KFzHs

                          Agenda

                          Registration

                          08:00am – 09:00am : Registration

                          Welcome Address

                          Welcome Address: Mr. Budi Tampubolon – Chairman, ASEAN Insurance Council

                          Opening of ASEAN Insurance Summit

                          Opening of ASEAN Insurance Summit: Mr. Christian Wanandi – Secretary-General, ASEAN Insurance Council

                          Keynote by Guest-of-Honor

                          Keynote by Guest-of-Honor: H. E. Bou Chanphirou – Director General, Insurance Regulator of Cambodia

                          ASEAN Secretariat Special Address

                          ASEAN Secretariat Special Address: H E Dr. Kao Kim Hourn – Secretary-General, ASEAN Secretariat

                          Insurance Transformation with AI & Generative AI

                          This session explore how advanced technologies are reshaping the industry across the value chain. From enhancing customer experience through personalised and seamless interactions, to transforming claims with greater speed, accuracy, and efficiency, to reimagining underwriting with deeper insights and data-driven decision making. Real-life applications and case studies will be shared to illustrate how insurers are already adopting these innovations to drive efficiency, strengthen risk assessment, and deliver greater value to customers.

                          Speaker: Sachin Bhat, Principal Architect, Google Cloud – APAC

                          Networking Break

                          10:00am – 10:30am : Networking Break

                          [CEO Panel] View from the Top: How CEOs Are Rethinking Strategy In The New Global Risk Landscape

                          Amid a volatile macroeconomic and geopolitical backdrop, insurers face the ongoing challenge of evolving their coverage in line with global threats as well as customer needs. At the same time, technological advances provide opportunities for the industry to manage risk more effectively. How can insurers navigate the path ahead?

                          Moderator: Mr Robert Curtis – Managing Director of Market Development for Asia-Pacific, AM Best

                          Panellists: Ms. Cheng Min Hung, CEO, Global Asia Insurance Partnership (GAIP)
                          Mr. Delil Khairat, Technical Director, Indonesia Re
                          Mr. Radzuan Mohamed, CEO, Malaysian Takaful Association
                          Ms. Jane Tay, CEO, AIA Cambodia

                          [Regulators Panel] Regulators & Risk Takers: Aligning Vision for the Future of Insurance

                          As the insurance landscape evolves, alignment between regulators and industry leaders has never been more critical. From emerging risks and climate challenges to AI and digital transformation, both sides face a shared imperative: to shape a future-ready insurance ecosystem that balances innovation with responsibility.

                          In this panel, we’ll bring together regional regulators to explore how collaboration will define the next era of insurance. Discover the opportunities that lie in overcoming regulatory friction and the impact a shared vision can have in building a more adaptive, resilient, and innovative insurance ecosystem—one that is equipped to respond to emerging risks, embrace digital transformation, and deliver greater value to consumers across the region.

                          Moderator: Mr. Michael Rellosa, Executive Director and Trustee, Philippine Insurers and Reinsurers Association
                          Panellists: Regulators From The region

                          Dr. HOR Sovathana, Deputy Director General of the Insurance Regulator of Cambodia

                          Mr. Asep Suwondo, Director of Insurance, Guarantee, and Pension Fund Development, OJK, Indonesia

                          Mr. Somxay Keovandy, Deputy Director General, Ministry of Finance Lao PDR (State-Owned Enterprises and Insurance Supervision)

                          Mr. Harizal bin Alias, Director, Financial Development and Innovation, Bank Negara Malaysia

                          Mr. Zaw Naing, Director General, Financial Regulatory Department, Ministry of Finance and Revenue, Myanmar

                          Mr. Daniel Wang, Executive Director, Insurance Department, Monetary Authority of Singapore

                          Networking Luncheon

                          12:30pm – 2:00pm : Networking Luncheon

                          Presentation: Findings on the Women’s Representation in the ASEAN and Recommendations for Action

                          Findings on the Women’s Representation in the ASEAN and Recommendations for Action

                          International Finance Corporation, The World Bank Group

                          • Ms. Fatou Giwa, Global Lead – Woman’s Insurance Program

                          • Ms. Prapti Sherchan, Operations Officer, Gender and Economic Inclusion

                          [Innovation Panel] AI, Big Data, and the Next Frontier in Insurance

                          Step into the future of insurance in this panel where discussions on technologies that are transforming underwriting, claims, distribution, customer experience, and risk management. Discover how companies are harnessing tools and tech to gain a competitive edge, optimize operations, and deliver smarter, faster solutions.

                          Moderator: Ms. Shalini Pavithran, CEO, Singapore College Of Insurance

                          Panellists: Mr. Sainthan Satyamoorthy, Managing Director, Head of Southeast Asia, RGA

                          Mr. Suy Channtharong, CEO, Forte Insurance (Cambodia)

                          Ms. Ellen Yong, Chief Operating and Financial Officer (COO & CFO), SEADRIF Insurance Company

                          Mr. Andrew Harris, Founder & Managing Director, SpecialistRe Consultancy

                          Presentation: Sustainability of Parametric Insurance

                          Sustainability of Parametric Insurance

                          Mr. Andrew Harris, Founder & Managing Director, SpecialistRe Consultancy

                          Networking Break

                          3:45pm – 4:15pm : Networking Break

                          Presentation: Disaster Prevention and Mitigation

                          Disaster Prevention and Mitigation

                          Ms. Mami Mizutori – Advisor, Mitsui Sumitomo Insurance Co., Ltd

                          [Medical & Health Panel] Innovating Health Systems: Financing the Future of Care in ASEAN

                          As healthcare demands rise across ASEAN, innovative insurance models are becoming key to ensuring access, affordability, and sustainability. This panel will examine the evolving role of health insurance in financing care – ranging from government-led schemes and private insurance innovations to inclusive microinsurance solutions. Experts will explore how digital technologies, data-driven risk pooling, and cross-sector collaboration can transform insurance systems to better support universal health coverage and resilient health systems in the region.

                          Moderator: Ms. Sejal Mistry –  Senior Director, Crowell Global Advisors
                          Panellists: Dr. Dian Budiani, Chair, ASEAN Health & Medical Insurance Committee

                          Mr. Tola Ponlu, CEO, Prudential Cambodia, Laos and Myanmar

                          Dr. Warren Ong, Independent Healthcare Consultant

                          Mr. Chan Wai Kit, Executive Director, Life Insurance Association of Singapore

                          Closing Remarks

                          Closing Remarks

                          Sunset Cocktails & Conversations

                          Sunset Cocktails & Conversations

                          Sponsors and Partners

                          Bronze-Partner-Aswata
                          Bronze-Partner-Maipark
                          Bronze-Partner-Prudential
                          Bronze-Partner-RGA
                          Cambodia-Re-Logo
                          Media-Partner
                          Sponsorship-Avail
                          Sponsorship Package

                          For additional event or venue information,

                          please send an email to aisadmin@aicsec.org cc: secretariat@aicsec.org

                          Event Venue ]]> 13325 0 0 0 Redefining Risk in ASEAN: Driving Innovation, Inclusion & Resilience in 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                          The ASEAN Insurance Council is proud to host the 6th ASEAN Insurance Summit (AIS) in Siem Reap, Cambodia. This flagship event will bring together insurance leaders, regulators, insurtech players, inter-governmental agencies, and industry service providers from across the ASEAN region to explore the future of insurance and foster cross-border collaboration.<\/p>

                          Anchored by the theme, \"Redefining Risk in ASEAN: Driving Innovation, Inclusion & Resilience in Insurance,\" AIS 2025 aims to spark critical dialogue on how the region's insurance sector can respond to evolving risks and growing expectations. The Summit will spotlight forward-thinking strategies and cutting-edge technologies that are transforming customer experience, strengthening operational resilience, and expanding access to insurance across ASEAN.<\/p><\/div>","align":"justify","typography_typography":"custom","typography_font_family":"Poppins","typography_font_size":{"unit":"px","size":14,"sizes":[]},"_padding":{"unit":"px","top":"0","right":"0","bottom":"0","left":"0","isLinked":true},"typography_font_size_mobile":{"unit":"px","size":10,"sizes":[]},"typography_line_height_mobile":{"unit":"em","size":2,"sizes":[]},"typography_letter_spacing_mobile":{"unit":"px","size":0,"sizes":[]}},"elements":[],"widgetType":"text-editor"},{"id":"16f64ea","elType":"widget","settings":{"editor":"

                          As one of the world's most dynamic and high-growth insurance markets, ASEAN stands at a pivotal moment. AIS 2025 offers a strategic platform to influence policy, share insights, and align industry efforts to support the ASEAN Community Vision 2045. It also presents a unique opportunity to examine how innovation and inclusive practices can shape a more sustainable and future-ready insurance landscape.<\/span><\/p><\/div>

                          Building on the momentum of past editions, this year's Summit will drive meaningful conversations, foster new partnerships, and accelerate progress toward a resilient, inclusive, and innovation-led ASEAN insurance 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                          08:00am \u2013 09:00am : Registration<\/p>","_id":"929eb7a"},{"tab_title":"Welcome Address","tab_content":"

                          Welcome Address: Mr. Budi Tampubolon - Chairman, ASEAN Insurance Council<\/strong><\/p>","_id":"67c2eb4"},{"tab_title":"Opening of ASEAN Insurance Summit","tab_content":"

                          Opening of ASEAN Insurance Summit: Mr. Christian Wanandi - Secretary-General, ASEAN Insurance Council<\/strong><\/p>","_id":"30d3527"},{"tab_title":"Keynote by Guest-of-Honor","tab_content":"

                          Keynote by Guest-of-Honor: H. E. Bou Chanphirou - Director General, Insurance Regulator of Cambodia<\/strong><\/p>","_id":"85fffd0"},{"tab_title":"ASEAN Secretariat Special Address","tab_content":"

                          ASEAN Secretariat Special Address: H E Dr. Kao Kim Hourn - Secretary-General, ASEAN Secretariat<\/strong><\/p>","_id":"bf35b9f"},{"tab_title":"Insurance Transformation with AI & Generative AI","tab_content":"

                          This session explore how advanced technologies are reshaping the industry across the value chain. From enhancing customer experience through personalised and seamless interactions, to transforming claims with greater speed, accuracy, and efficiency, to reimagining underwriting with deeper insights and data-driven decision making. Real-life applications and case studies will be shared to illustrate how insurers are already adopting these innovations to drive efficiency, strengthen risk assessment, and deliver greater value to customers.<\/p>

                          Speaker: Sachin Bhat, Principal Architect, Google Cloud - APAC<\/strong><\/p>","_id":"64e8abb"},{"tab_title":"Networking Break","tab_content":"

                          10:00am \u2013 10:30am : Networking Break<\/p>","_id":"a83c5fc"},{"tab_title":"[CEO Panel] View from the Top: How CEOs Are Rethinking Strategy In The New Global Risk Landscape ","tab_content":"

                          Amid a volatile macroeconomic and geopolitical backdrop, insurers face the ongoing challenge of evolving their coverage in line with global threats as well as customer needs. At the same time, technological advances provide opportunities for the industry to manage risk more effectively. How can insurers navigate the path ahead?<\/p>

                          Moderator: Mr Robert Curtis - Managing Director of Market Development for Asia-Paci\ufb01c, AM Best<\/strong><\/p>

                          Panellists: Ms. Cheng Min Hung, CEO, Global Asia Insurance Partnership (GAIP)<\/strong>
                          Mr. Delil Khairat, Technical Director, Indonesia Re<\/strong>
                          Mr. Radzuan Mohamed, CEO, Malaysian Takaful Association<\/strong>
                          Ms. Jane Tay, CEO, AIA Cambodia<\/strong><\/p>","_id":"fdb47a4"},{"tab_title":"[Regulators Panel] Regulators & Risk Takers: Aligning Vision for the Future of Insurance ","tab_content":"

                          As the insurance landscape evolves, alignment between regulators and industry leaders has never been more critical. From emerging risks and climate challenges to AI and digital transformation, both sides face a shared imperative: to shape a future-ready insurance ecosystem that balances innovation with responsibility.<\/p>

                          In this panel, we\u2019ll bring together regional regulators to explore how collaboration will define the next era of insurance. Discover the opportunities that lie in overcoming regulatory friction and the impact a shared vision can have in building a more adaptive, resilient, and innovative insurance ecosystem\u2014one that is equipped to respond to emerging risks, embrace digital transformation, and deliver greater value to consumers across the region.<\/p>

                          Moderator: Mr. Michael Rellosa, Executive Director and Trustee, Philippine Insurers and Reinsurers Association<\/strong>
                          Panellists: Regulators From The region<\/p>

                          Dr. HOR Sovathana, Deputy Director General of the Insurance Regulator of Cambodia<\/strong><\/p>

                          Mr. Asep Suwondo, Director of Insurance, Guarantee, and Pension Fund Development, OJK, Indonesia<\/strong><\/p>

                          Mr. Somxay Keovandy, Deputy Director General, Ministry of Finance Lao PDR (State-Owned Enterprises and Insurance Supervision)<\/strong><\/p>

                          Mr. Harizal bin Alias, Director, Financial Development and Innovation, Bank Negara Malaysia<\/strong><\/p>

                          Mr. Zaw Naing, Director General, Financial Regulatory Department, Ministry of Finance and Revenue, Myanmar<\/strong><\/p>

                          Mr. Daniel Wang, Executive Director, Insurance Department, Monetary Authority of Singapore<\/strong><\/p>","_id":"e930490"},{"tab_title":"Networking Luncheon","tab_content":"

                          12:30pm \u2013 2:00pm : Networking Luncheon<\/p>","_id":"c04a310"},{"tab_title":"Presentation: Findings on the Women\u2019s Representation in the ASEAN and Recommendations for Action","tab_content":"

                          Findings on the Women\u2019s Representation in the ASEAN and Recommendations for Action<\/p>

                          International Finance Corporation, The World Bank Group<\/strong><\/p>

                          \u2022 Ms. Fatou Giwa, Global Lead \u2013 Woman\u2019s Insurance Program<\/strong><\/p>

                          \u2022 Ms. Prapti Sherchan, Operations Officer, Gender and Economic Inclusion<\/strong><\/p>","_id":"856d534"},{"tab_title":"[Innovation Panel] AI, Big Data, and the Next Frontier in Insurance ","tab_content":"

                          Step into the future of insurance in this panel where discussions on technologies that are transforming underwriting, claims, distribution, customer experience, and risk management. Discover how companies are harnessing tools and tech to gain a competitive edge, optimize operations, and deliver smarter, faster solutions.<\/strong><\/p>

                          Moderator: <\/strong>Ms. Shalini Pavithran, CEO, Singapore College Of Insurance<\/strong><\/p>

                          Panellists: Mr. Sainthan Satyamoorthy, Managing Director, Head of Southeast Asia, RGA<\/strong><\/p>

                          Mr. Suy Channtharong, CEO, Forte Insurance (Cambodia) <\/strong><\/p>

                          Ms. Ellen Yong, Chief Operating and Financial Officer (COO & CFO), SEADRIF Insurance Company<\/b><\/p>

                          Mr. Andrew Harris, Founder & Managing Director, SpecialistRe Consultancy<\/strong><\/p>","_id":"55b43f4"},{"tab_title":"Presentation: Sustainability of Parametric Insurance","tab_content":"

                          Sustainability of Parametric Insurance<\/p>

                          Mr. Andrew Harris, Founder & Managing Director, SpecialistRe Consultancy<\/strong><\/p>","_id":"f46e776"},{"tab_title":"Networking Break","tab_content":"

                          3:45pm \u2013 4:15pm : Networking Break<\/p>","_id":"ed0a2e4"},{"tab_title":"Presentation: Disaster Prevention and Mitigation","tab_content":"

                          Disaster Prevention and Mitigation<\/p>

                          Ms. Mami Mizutori - Advisor, Mitsui Sumitomo Insurance Co., Ltd <\/strong><\/p>","_id":"2005e7e"},{"tab_title":"[Medical & Health Panel] Innovating Health Systems: Financing the Future of Care in ASEAN ","tab_content":"

                          As healthcare demands rise across ASEAN, innovative insurance models are becoming key to ensuring access, affordability, and sustainability. This panel will examine the evolving role of health insurance in \ufb01nancing care - ranging from government-led schemes and private insurance innovations to inclusive microinsurance solutions. Experts will explore how digital technologies, data-driven risk pooling, and cross-sector collaboration can transform insurance systems to better support universal health coverage and resilient health systems in the region.<\/p>

                          Moderator: Ms. Sejal Mistry -\u00a0 Senior Director, Crowell Global Advisors <\/strong>
                          Panellists: Dr. Dian Budiani, Chair, ASEAN Health & Medical Insurance Committee
                          <\/strong><\/p>

                          Mr. Tola Ponlu, CEO, Prudential Cambodia, Laos and Myanmar<\/strong><\/p>

                          Dr. Warren Ong, Independent Healthcare Consultant<\/strong><\/p>

                          Mr. Chan Wai Kit, Executive Director, Life Insurance Association of Singapore<\/strong><\/p>","_id":"a6fcdf9"},{"tab_title":"Closing Remarks ","tab_content":"

                          Closing Remarks<\/p>","_id":"9df1242"},{"tab_title":"Sunset Cocktails & Conversations ","tab_content":"

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