EAIC 60th Anniversary 2022 (Online Event)

YearHost CityPresident of EAICChairman of the Orga. Committee
2018ManilaMr. Chris MaMacauMr. Ramon Y. DimacaliManila
YearPresident of EAIC
2022Mr. Allan Santos

The 60th Diamond Anniversary Conference celebrates the East Asian Insurance Congress’s history in the market. The EAIC was founded in 1962 with the aim of furthering and developing international collaboration in the field of insurance. In line with the Diamond reference, the theme of the event will be “Cutting a Multi-Faceted Clear Vision for the Industry.” 

The theme revolves around the 4C’s of a quality diamond and we felt it was a fitting theme for this milestone, the Diamond Jubilee. 

The programme will focus on Cut, Colour, Clarity and Carat in exploring how the industry will evolve in the coming years, especially after a tumultuous 2 years of surviving with a pandemic. The key takeaways are to look at the competition, climate, consumer mindset, connectivity as well as conflict post the Covid pandemic – key areas that must be addressed for companies to stay relevant and focused. 

Programme Outline

Day One: 21 September 2022

CUT – Shaping-up: What the insurers and reinsurers should do to shape up and overcome the current challenges and headwinds? 

  • Covid-19 lingering effects 
  • Conflict between Russia and Ukraine 
  • Climate risks 
  • Cyber risks 
  • Competition 

COLOUR – Maintaining Lustre: How insurers and reinsurers should figure in sustainability considerations into its business? 

  • ESG-R considerations 
  • Role in overcoming climate change 

Day Two: 22 September 2022

CARAT – Redefining and rebalancing insurance relationships: How is the weightage among the various industry players going to evolve eg. Insurers, Brokers/Distributors, Reinsurers, etc 

  • Changing consumer and employee attitudes 
  • Evolving distribution channels – technological marketplaces to match buyers and sellers; insurtech; embedded insurance 
  • Capacity and capital 

CLARITY – Clear Future Vision: Outlook for the next 10 to 15 years: what are the clear signs that the industry must take into account 

  • Technology 
  • Ageing populations 
  • Inflation/stagflation
  • Climate change 

The EAIC Diamond celebration will be hosted over two half days of discussions, with the 2nd halves dedicated to virtual networking.