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Asean insurance supervisors updated on corporate governance

Senior insurance supervisors from Asean member countries and five other countries are learning about insurance regulations, implementation and supervision of corporate governance at a four-day seminar.

The regional seminar for ‘Insurance Supervisor in Asia and Pacific on Regulating, Implementing and Supervision of Corporate Governance' is taking place July 10-13 in Vientiane and co-chaired by Director General of State-Owned Enterprises Management and Insurance Department, Ministry of Finance, DrSonephetInthavong and Chief Executive Officer of Asean Insurance Training and Research Institute (AITRI) MrDato Syed Moheeb Syed Kamarulzaman.

AITRI was officially incorporated in December, 2004 based on the Asean insurance cooperation framework. The Malaysian Insurance Institute (MII) was mandated as the Secretariat and AITRI headquarters are now based in Kuala Lumpur, Malaysia.

The objective of AITRI is to play a leading role in capacity building for the insurance sector in Asean and the region by providing training and education as well as promoting research studies to insurance supervisors and the insurance industry.

Over the past 10 years, AITRI in collaboration with international insurance organisations has organised seminars for insurance supervisors in Asean member countries four to six times per year according to an agreement by the executive board of the institute.

AITRI has organised five seminars for 2017: Risk Based Capital Framework for Insurance from May 18-21 in Bangkok, Thailand; Regulations Implementing and Supervision Corporate Governance from July 10-13 in Vientiane, Laos; Supervision and Surveillance from August 14-17 in Indonesia; AML/CFT Supervision and Compliance from October 2-5 in Singapore; and New Technology Risk and Cyber Security from February 14-16.

For 2018, AITRI plans to organise four seminars on various topics.

 

By Times Reporter
(Latest Update July 12, 2017)


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