Time of event
15:00–18:15 Tokyo time
08:00–11:15 Paris time
Summary
The COVID-19 pandemic has had profound implications for the availability and affordability of insurance coverage across various lines of business and the adequacy of retirement savings. At the same time, insurance and retirement savings markets continue to be affected by catastrophe risks, digitalization, employers’ responsibility and involvement, and risk management for long-term care and health insurance amid the region’s aging populations.
This Organisation for Economic Co-operation and Development (OECD)-ADBI roundtable, supported by the Government of Japan, will discuss key insurance and retirement savings issues in Asia. The focuses will include COVID-19’s impact on insurance and retirement savings; the role of catastrophe insurance programs for underinsured hazards; opportunities and challenges stemming from emerging technologies; employer retirement savings plan provision; risk sharing in retirement income schemes; and risk management associated with long-term care and health insurance in aging societies.
Objectives
- Detail evidence-based policy analyses and recommendations for boosting insurance and retirement savings delivery in Asia
- Discuss experiences and best practices for promoting the sound development of the region’s insurance and private pensions markets
Participants
- Insurance regulators, pension supervisors, and other relevant government officials from Asian Development Bank member economies and OECD member countries
- Experts from think tanks, universities, the private sector, and international organizations
Output
- Knowledge and experience-sharing to support insurance and retirement savings growth in Asia
- Policy recommendations for sound development of insurance and pension savings markets
- Select roundtable materials to be uploaded on the ADBI website
Partner
- Organisation for Economic Co-operation and Development
Conference Presentations
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Session 5.1: Collective Defined Contribution (CDC) Plans in Japan |
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Session 5.2: Risk Sharing in Retirement Income Arrangements |
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Session 5.3: Risk Sharing and Value Annuities: Theory and Practice |
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Session 6.0: OECD Project: Leveraging Digitalisation for Risk Management and Reduction in the Insurance Sector in Asia |
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Session 6.1: Risk Management in Long-Term Care and Health Care Insurance in an Ageing Society |
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Session 6.2: Risk Management in Long-Term Care Insurance in an Ageing Society |