Asia is widely expected to be 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 are pertinent and pressing topics.
On 10 December 2019, the Insurance Authority (IA) hosted the 2nd Asian Insurance Forum (AIF), brought together around 500 local and overseas delegates, including financial regulators, industry leaders and academics, to exchange views, with a special focus on the Belt and Road Initiative and the Greater Bay Area development, as well as FinTech developments in the insurance market.
Time
Programme
Speakers
8:20am
Registration
9:00am
Welcome Remarks
ChairmanInsurance Authority
9:10am
Opening Address
The Chief ExecutiveHong Kong Special Administrative Region
9:20am
Opening Ceremony
Belt and Road Initiative & Greater Bay Area Development
9:25am
Keynote Speech
Chief Counsel
China Banking and Insurance Regulatory Commission
9:45am
Panel Discussion:From vision to reality – What have we achieved so far?
Moderator:
Mr Laurence Li, SC, JPChairmanFinancial Services Development Council
Panelists:
-
Mr Darryl Chan, JP
Executive Director (External) Hong Kong Monetary Authority; Deputy Director HKMA Infrastructure Financing Facilitation Office
-
Mr Simon Lam Sui-kong
Executive Director, General Business Insurance Authority
-
Ms Carmen Ling
Managing Director Global Head RMB Internationalisation / Belt & RoadStandard Chartered Bank
-
Mr Liu Shihong
Vice Chairman and
Chief Executive OfficerTaiping Reinsurance Company Limited -
Mr Mao Zhirong
Managing Director, Head of Mainland DevelopmentHong Kong Exchanges and Clearing Limited
10:55am
Coffee Break
11:20am
Panel Discussion: Potential and Prospects – How much farther can we go?
Moderator:
The Hon Chan Kin-por, GBS, JPMember of Legislative Council (Insurance) Hong Kong Special Administrative Region
Panelists:
-
Professor KC Chan, GBS, JP
Adjunct Professor of Business School Hong Kong University of Science and Technology; Former Secretary for Financial Services and the Treasury The Government of the Hong Kong Special Administrative Region
-
Ms Carol Hui Mei-ying
Executive Director, Long Term Business Insurance Authority
-
Mr Mike Wells
Group Chief Executive Prudential plc
-
Mr Clarence Wong
Chief Economist Asia
Swiss Re
12:30pm
End of Morning Session
FinTech: Disruption or Dividends?
2:15pm
Keynote Speech
Secretary General International Association of Insurance Supervisors
2:35pm
Panel Discussion:Technological advancement and financial inclusion
Moderator:
The Hon Bernard Charnwut Chan, GBS, JPConvenor of the Non-Official MembersExecutive Council, Hong Kong Special Administrative Region
Panelists:
-
Mr Jonathan Larsen
Chief Innovation Officer Ping An Group
-
Ms Alice Law
Deputy Chairman and Managing DirectorMandatory Provident Fund Schemes Authority
-
Mr Tim Lui, SBS, JP
Chairman Securities and Futures Commission
-
Mr Mark Saunders, FIA, FIAI, FSA, FSAS, FSAT
Group Chief Strategy & Corporate Development Officer AIA Group Limited
-
Mr Raymond Tam Wai-man
Executive Director, Policy and DevelopmentInsurance Authority
-
Mr John Tsang Chun-wah, GBM, JP
Senior Advisor Bowtie; Former Financial Secretary The Government of the Hong Kong Special Administrative Region
3:45pm
Coffee Break
4:10pm
Panel Discussion:Building a robust but flexible regulatory regime
Moderator:
Mr Jonathan DixonSecretary General International Association of Insurance Supervisors
Panelists:
-
Professor Douglas W. Arner
Kerry Holdings Professor in Law University of Hong Kong
-
Mr Henri Arslanian
FinTech and Crypto Leader for Asia PwC; Chairman FinTech Association of Hong Kong
-
Mr Alan Au, JP
Executive Director (Banking Conduct) Hong Kong Monetary Authority
-
Mr Stephen Po Wai-kwong
Executive Director, Market Conduct Insurance Authority
5:20pm
Closing Remarks
Chief Executive Officer
Insurance Authority
5:30pm
End of Forum
12:40pm
Breakout Luncheon (at Bauhinia Room)
Financial Secretary The Government of the Hong Kong Special Administrative Region
