Asia is widely recognised as the main driver of global economic growth in the next few decades, offering enormous potential for the insurance sector. How to tap into this wave of new business opportunities and derive optimal benefits for society is a pertinent and pressing topic.
On 11 December 2018, the Insurance Authority hosted the inaugural Asian Insurance Forum (AIF) which provided a high-level platform for international and local financial regulators, industry leaders, academics and professionals to exchange views on the direction and strategies for the future development of the insurance industry, with a special focus on the Belt and Road Initiative and the Greater Bay Area Development.
Time
Programme
Speakers
8:30am
Registration
9:00am
Welcome Remarks
Chairman
Insurance Authority
9:10am
Opening Address
The Chief Executive
Hong Kong Special Administrative Region
9:20am
Opening Ceremony
9:25am
Keynote Speech:Strategic Plan of the International Association of Insurance Supervisors
Secretary General
International Association of Insurance Supervisors
9:45am
Panel Discussion:Opportunities and Challenges Presented by the Belt and Road Initiative, and Greater Bay Area Development
Moderator:
Mr Laurence Li, JPChairman
Financial Services Development Council
Panelists:
Regional Head, Corporate Finance, Greater China and North Asia
Standard Chartered Bank
President
The Hong Kong Institute of Architects
Director of Research
Hong Kong Trade Development Council
Temple Chambers
10:45am
Coffee Break
11:15am
Panel Discussion: Business Prospects for the Insurance Industry and the Facilitative Role of the Insurance Authority
Moderator:
Mr Simon Lam Sui-kongExecutive Director, General Business
Insurance Authority
Panelists:
Chairman
Hong Kong Federation of Insurers
Vice Chairman and Chief Executive Officer
Taiping Reinsurance Company Limited
Chief Executive Officer
AXA Asia
Chief Executive Officer
Aon Hong Kong Limited
Breakout Session (at Rooms N111-112) Market Conduct Supervision
Keynote speaker:
Mr Michael SaadatSenior Executive Leader - Deposit Takers, Credit and Insurers and Regional Commissioner for New South Wales
Australian Securities & Investments Commission
Moderator:
Mr Stephen Po Wai-kwongExecutive Director, Market Conduct
Insurance Authority
Panelists:
Senior Director, Intermediaries Supervision Department
Securities and Futures Commission, Hong Kong
Head (Enforcement)
Hong Kong Monetary Authority
Senior Executive Leader - Deposit Takers, Credit and Insurers and Regional Commissioner for New South Wales
Australian Securities & Investments Commission
Head (Supervision)
Mandatory Provident Fund Schemes Authority
12:15pm
End of Morning Session
12:30pm
Keynote Luncheon (at Rooms N106-108)
Financial Secretary
The Government of the Hong Kong Special Administrative Region
2:00pm
Keynote Speech:International Insurance Regulatory Reform – an Asian Perspective
Adjunct Professor
Graduate School of Management,
Kyoto University
2:20pm
Panel Discussion:Hong Kong as Home Base
Moderator:
The Hon Chan Kin-por, GBS, JPMember of Legislative Council (Insurance)
Hong Kong Special Administrative Region
Panelists:
Chairman
FWD Group
Chief Executive Officer
Peak Reinsurance Company Limited
Group Chief Executive and President
AIA Group Limited
Chief Executive Officer
Asia Insurance Company Limited
3:20pm
Coffee Break
3:50pm
Panel Discussion:Emerging Market Landscape in Hong Kong
Moderator:
Mr Clement Cheung Wan-ching, GBS, JPChief Executive Officer
Insurance Authority
Panelists:
Executive Director, Long Term Business
Insurance Authority
Executive Director, General Business
Insurance Authority
Executive Director, Market Conduct
Insurance Authority
Executive Director, Policy and Development
Insurance Authority
4:50pm
Closing Remarks
Chief Executive Officer
Insurance Authority
5:00pm
End of Forum
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