OECD-ADBI-IRDAI Roundtable on Insurance and Retirement Saving in Asia
16 - 18 March 2020
Hyderabad City, India
Time of event
Day 1: 09:30–17:00
Day 2: 09:30–17:30
Day 3: 09:00–18:15
Asia and the Pacific is among the fastest growing markets in the world for insurance and accounts for an increasing share of global insurance premiums and pension assets under management. However, insurance and retirement savings penetration in the region remains low, leaving large numbers of individuals exposed to certain and uncertain risks brought by economic, demographic, and social change. The development of insurance and private pension markets provides an opportunity to diversify risk over time and safeguard more people.
The OECD-ADBI-IRDAI Roundtable on Insurance and Retirement Savings in Asia will explore regulatory developments within the sector, emerging policy issues, and evidence-based policy solutions. It will also address the implications of climate change for insurance business models and ways to adapt regulations to the changing environment. The role of funded pension arrangements in relation to sustainable investments for institutional investors will be among the focuses.
Complementing the roundtable, a Symposium on Reinsurance Risk and Opportunity will overview best practices for information exchange and regulatory cooperation to improve the management of reinsurance arrangements of primary insurers. The symposium will also assess the role of reinsurance companies in providing financial capacity and expertise to primary insurers across the region, as well as the role domestic reinsurers play in market development, the management of concentration risk, and the potential for collaboration with international reinsurance markets.
- Inform policy makers and stakeholders about recent policy developments related to insurance and private pensions in Asia and the Pacific
- Exchange views and experiences pertaining to retirement savings trends, recent developments, ongoing challenges, and policy opportunities
- Discuss the use of international reinsurance markets to reduce risks associated with disasters and climate, as well as post-catastrophe insurance market disruption
- Around 120 policy makers and experts from international organizations and the private sector
- Government officials from Asian Development Bank Developing Member Countries
- Deepened understanding of market and regulatory developments in Asia, particularly risks and opportunities facing insurers and private pensions and how they are adapting their business models
- In-depth discussions of the implications of climate change across insurance business models and ways to adapt regulations to the changing environment
- Enhanced dialogue, trust, and partnership among government officials and experts on key issues related to sustainable investment for institutional investors
How to register
By invitation or prior arrangement with ADBI.
To ensure the health and safety of event participants as the new coronavirus situation develops, registrants will be required to complete health clearance procedures and, depending on the result, may be refused entry to the event venue. The health clearance procedures are subject to change. Related questions may be directed to the event contact(s) above.
- Organisation for Economic Co-operation and Development (OECD)
- India’s Insurance Regulatory and Development Authority (IRDAI)