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The Insurance Authority (IA) hosted the 13th Annual Meeting and Conference of the Asian Forum of Insurance Regulators (AFIR) in Hong Kong on 7 and 8 June 2018. The event brought together some 50 delegates from insurance regulators in 15 jurisdictions in the Asia-Pacific region and representatives of the International Association of Insurance Supervisors, the Financial Stability Institute, the National Association of Insurance Commissioners of the USA, and the Access to Insurance Initiative.


07 Jun 2018
Registration08.30 a.m. – 09.00 a.m.
Welcome Remarks by Dr. Moses Cheng, Chairman, Insurance Authority, China Hong Kong
Opening Remarks by AFIR Chairman
09.00 a.m. – 09.20 a.m.
Group Photo09.20 a.m. – 09.30 a.m.
Session 1 - Tour de Table of Developments in Jurisdictions
All jurisdictions are asked to give a brief update on key developments in their respective jurisdiction. Verbal update of no more than 5 minutes each (with up to 3 presentation slides if necessary).
09.30 a.m. – 10.30 a.m.
Tea break10.30 a.m. – 10.45 a.m.
Session 1 continued - Tour de Table of Developments in Jurisdictions10.45 a.m. – 11.30 a.m.
Session 2 - Presentation on IAIS Developments
Speaker: Mr. Conor Donaldson, IAIS Secretariat
11.30 a.m. – 12.15 p.m.
Lunch12.15 p.m. – 13.45 p.m.
Session 3 - Access to Insurance Initiative presentation
Speaker: Ms. Janina Voss, Advisor, Access to Insurance Initiative
13.45 p.m. – 14.15 p.m.
Session 4 - Update on AFIR I(chaired by AFIR Chairman)
(chaired by AFIR Chairman)
14.15 p.m. – 15.15 p.m.
Tea break15.15 p.m. – 15.30 p.m.
Session 5 – Future Work of AFIR and Decisions
(chaired by AFIR Chairman)
15.30 p.m. – 16.45 p.m.
Transit to Ocean Park17.00 p.m. – 17.30 p.m.
Tour of Ocean Park Aquarium17.30 p.m. – 18.30 p.m.
Pre-dinner Cocktail18.30 p.m. – 19.00 p.m.
Gala Dinner19.00 p.m. – 21.30 p.m.
08 Jun 2018
Registration08.45 a.m. – 09.00 a.m.
Session 6 - Risk-based Capital Regime
The panel will discuss the key elements of an effective RBC regime, the main challenges and way forward from an Asian perspective.
Mr. Raymond Tam, Executive Director, Policy and Development Division, Insurance Authority, China Hong Kong
Mr. Adrian Rees, Australian Prudential Regulation Authority Mr. Romain Paserot, Deputy Secretary General, IAIS Representative from China Insurance Regulatory Commission Representative from Monetary Authority of Singapore
09.00 a.m. – 10.15 a.m.
Tea Break10.15 a.m. – 10.45 a.m.
Session 7 – Insurtech development from regulators’ perspective
The panel will discuss the many innovative ways to conduct insurance business through the use of technology; and how supervisors formulate an effective strategy to facilitate as well as supervise at the same time the development of insurtech in the market.
Mr. Hiroshi Ota, Deputy Commissioner for International Affairs, Financial Services Agency, Japan
Mr. Jiang Bo, Director-General, International Department, China Insurance Regulatory
Mr. Raymond Tam, Executive Director, Policy and Development Division, Insurance Authority, China Hong Kong Mr. Thomas Chan, Deputy Director General of Insurance Bureau, Financial Supervisory Commission, Chinese Taipei Mr. Ian Johnston, Chief Executive, Dubai Financial Services Authority, Dubai Mr. Yoon Yew Khuen, Director, Insurance Development Department, Bank Negara
Representative from Monetary Authority of Singapore
10.45 a.m. – 12.00 p.m.
Lunch12.00 p.m. – 13.15 p.m.
Transit to Cyberport13.15 p.m. – 14.00 p.m.
Welcome Remarks by Cyberport
Speaker: Dr. Toa Charm, Chief Public Mission Officer, Cyberport
14.00 p.m. – 14.15 p.m.
Session 8 - Insurtech development from market perspective
Mr. Tony Chan, Associate Director, Policy and Development Division, Insurance Authority, China Hong Kong
14.15 p.m. – 15.45 p.m.
Tea Break15.45 p.m. – 16.00 p.m.

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