The 50th ASEAN Insurance Council (AIC) Meeting, held from 26th to 28th November 2024 in The Empire Brunei, has successfully brought together leaders, regulators, and key stakeholders from across the ASEAN insurance and takaful industry. The landmark event, was graced by the Guest of Honor, Yang Mulia Dato Seri Paduka Awang Haji Khairuddin bin Haji Abdul Hamid, Deputy Minister of Finance and Economy, cum Chairman of Brunei Darussalam Central Bank (BDCB).

The AIC milestone event celebrated 50 years of regional collaboration and progress in strengthening the insurance and takaful sector’s role in ASEAN’s economic development. Organized by Brunei Insurance and Takaful Association (BITA), this year’s council focused on the theme “Bridging Resilience and Innovation in ASEAN Insurance Landscape”.

​

Over three days, the conference convened a series of productive meetings and discussions addressing critical aspects of insurance and its social and economic impact on the ASEAN region. The final day concluded with productive bilateral meetings between regulators and industry associations of the regions, providing a platform for focused dialogue and partnership-building.

​

The chairman of BITA, Haji Shahrildin bin Pehin Dato Haji Jaya, remarked, “It was an honor for BITA to host the 50th AIC event for our ASEAN delegates. We had important discussions on regional insurance and takaful matters with the objective to provide more protection opportunities across the ASEAN community. We are thankful and appreciative to all our stakeholders including the insurance and takaful members of BITA and with the valued support from BDCB to make the 50th AIC very memorable.”

​

As the AIC commemorates this milestone event, the outcomes of the 50th AIC meeting signal a renewed commitment to fostering a sustainable, and forward-looking insurance landscape across the ASEAN region.