East Asian Insurance Day
Oct. 15, 2019
One of the most important activities of the General Insurance Association of Japan (GIAJ) is to promote mutual understanding and interchanges with overseas general insurance markets through the exchange of information and opinions, including active participation in the East Asian Insurance Congress (EAIC), which is the biggest international insurance conference in Asia.
On the occasion of the East Asian Insurance Day, which was launched in 2006 by the EAIC to help the public gain a better understanding of the role of insurance in East Asia, Mr. Yasuzo Kanasugi, the Chairman of the GIAJ has delivered a message both at home and abroad.
In addition, we are delighted to share with you a message from Mr. Jae-Koo Lee, EAIC Committee Member for Seoul, & Secretary General of the Seoul Organizing Committee for the 30th East Asian Insurance Congress.
Greetings in commemoration of the East Asian Insurance Day
The EAIC, which held its first congress in Tokyo on October 18, 1962 with only around 20 overseas participants, has grown into the largest insurance congress in Asia with more than 2,000 attendees from 23 countries and regions. With the purpose of promoting the role and importance of insurance, as well as the activities of the EAIC in each region, the East Asian Insurance Day was enacted at the 23rd congress held in Bandar Seri Begawan, Brunei in 2006. This year, we are holding our thirteenth annual Day. As it is held with the cooperation of all members, I believe that this event is very beneficial for the development of a sound insurance industry as well for the prosperity of the East Asian society.
Every year since 1972, the GIAJ has been hosting the Insurance School (Non-Life) of Japan (ISJ), an international insurance technical assistance program for industry professionals in East Asia. The ISJ was established in response to an EAIC request and a recommendation by the United Nations Conference on Trade and Development (UNCTAD). In addition, we have also been holding the ISJ Overseas Seminar since 1993. This year's Seminar was held in September in Bangkok. With a history of 45 consecutive years of assistance to professionals of the insurance industry in East Asia, the ISJ has more than 2,100 graduates and is today highly regarded by all participating regions. We believe that the East Asian Insurance Day is a day to recognize the long history and close relationship between the ISJ and the EAIC.
On the East Asian Insurance Day, the GIAJ will implement the following initiatives to promote understanding of the activities of the EAIC:
1) Exhibit displays at the GIAJ, which introduce the purpose, history and activities of the EAIC to our visitors.
2) Utilize the GIAJ’s website and insurance business publications for communication and public affairs.
3) Make contact with the 2,100+ ISJ graduates to encourage them to attend the next EAIC.
Society and the economic environment that surrounds it are changing ever more rapidly due to the effects of technological innovation and climate change, etc. I hope that the East Asian Insurance Day serves as a good opportunity for everyone who works within the industry in all regions to reaffirm the role and importance of insurance for economic and social progress as well as the responses to these changes. I offer my warmest congratulations on this commemorative day, and hope that the East Asian insurance market will continue to progress far into the future.
Message to the East Asian Insurance Day
It is my great pleasure to celebrate the 13th East Asian Insurance Day on behalf of the General Insurance Association of Korea and Seoul Organizing Committee for the 30th East Asian Insurance Congress.
The East Asian Insurance Day, since its beginning in 2006, has established itself as a day of great significance that reminds us of the pivotal role insurance plays in the lives of individuals, families, businesses, and entire communities.
Taking this opportunity, I would like to offer my deepest gratitude to all those people who contributed to instituting this memorial day.
In line with the East Asian Insurance Day, the East Asian Insurance Congress, one of the most crucial events in the global insurance industry, is held every other year, embodying the day’s true spirit and purpose.
Next year, the 30th EAIC will be held in Seoul for four days from August 30 to September 2 with the theme of “2020, A Brave New Decade for Insurance,” signifying that next year will mark the commencement of a new decade.
As the organizers, the General Insurance Association of Korea and the Korea Life Insurance Association are making an all-out effort to make the event successful.
As a part of the effort, we presented the road map towards the EAIC 2020 with our preparation status to the EAIC Executive Board members last August.
I believe the 30th EAIC will serve as an opportunity for in-depth discussions on what insurance should aim for in the era of technological innovations and how the industry can maintain its growth momentum in the face of emerging global trends such as aging society and customer-centric culture.
Next year marks 26 years since the last EAIC Seoul in 1994. We are more than ready to make a memorable event where all participants can not only have insightful discussions but also enjoy tourist attractions, great food, and beautiful Korean culture.
The SOC truly wishes the EAIC 2020 to be a stepping stone for the East Asian insurance industry to move on to the next step.
We kindly request your presence in Seoul next year and hope you to be part of the 30th EAIC.