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To reinforce the role of AFIR as the platform for facilitating information exchange, cooperation, and mutual understanding among Asian insurance regulators;
To strengthen regulatory cooperation in the insurance industry, prevent and mitigate cross-border risks, and enhance the stability of Asian insurance market;
To encourage technical discussions, regulatory information sharing, and exchange of industry professionals;
To improve regulatory capacity and the insurance regulatory system, encourage the study and application of international regulatory rules;
To increase Asia’s influence on the global insurance market, unify members’ stance in international organizations, and present members’ request through appropriate channels; and
To promote contact and communication with other international financial and regulatory agencies.
To achieve its goals, we propose focusing on the following two aspects: (1) enhance AFIR structurally by establishing a Members’ Congress, a permanent Secretariat, and forming working groups as necessary; (2) strengthen technical exchange, special topic research, training programs, and implementation of key tasks including regulatory capacity development.The development goals of AFIR is :
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