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30th East Asian Insurance Congress

30th East Asian Insurance Congress

Conventions New Wins

The 30th East Asian Insurance Congress (EAIC 2024), themed "Back to the Future – Empowering East Asian Insurers for 2044 and Beyond", marked a significant milestone in the insurance industry. This prestigious event attracted over 1,000 participants, including insurers, reinsurers, brokers, regulators, and young talents from more than 30 cities and countries. It is Hong Kong's third time hosting this prestigious gathering.

Hosted every two years, the congress has become the platform for global top-notch insurance leaders to explore the transformative opportunities and challenges that lie ahead for the insurance industry in fast-rising East Asia.

Throughout the four-day event, attendees engaged in high-caliber presentations and discussions on eight key topics ranging from regional economic to insurance ecosystem, from technology to sustainability in the insurance ecosystem, each topic is accompanied by a renowned movie title, which is effectively highlight the subject.

The return of this congress features insightful panel discussions and dialogues on insurance businesses including marine insurance, reinsurance, insurance ecosystem, and innovation. The feast makes this year’s conference an important platform for international insurance development exchanges.

The congress highlighted Hong Kong’s exceptional infrastructure as a leading financial hub. Michael Rellosa, President of EAIC 2024 and Trustee and Executive Director of the Philippine Insurers and Reinsurers Association, remarked, "Hong Kong is the go-to location for major international events, including the East Asian Insurance Congress. Its excellent infrastructure positions it as a leading financial and transportation hub, offering a unique blend of Eastern and Western influences."

Moreover, Selina Lau, Organiser of EAIC 2024 and Chief Executive of The Hong Kong Federation of Insurers, pointed out that Hong Kong is home to 12 of the world's top 20 insurers, creating a vibrant ecosystem for various industry professionals. "The city serves as a gateway to Chinese Mainland and a platform for mainland insurers seeking international opportunities," she noted.

Let's see what our esteemed industry leaders say about this event being hosted in Hong Kong.

Hong Kong is the premier destination for international events, including the East Asian Insurance Congress. The city boasts outstanding infrastructure, positioning itself as both a financial and transportation hub in the region. Hong Kong has the best of East and West and is such a compact place to do everything in one day. There is truly no other destination that compares to Hong Kong.
Michael Rellosa
President
East Asian Insurance Congress 2024
Hong Kong is the top-notch insurance hub. Out of the 20 top world insurers, 12 of them have a presence in Hong Kong and operate here. Hong Kong has a very dynamic ecosystem and gathers industry professionals including international brokers, intermediaries, agents, virtual insurers and more. With our connectivity with the Greater Bay Area, Hong Kong is not only the gateway to Chinese Mainland, but also a platform for mainland Chinese insurers to expand overseas.
Selina Lau
Organiser
East Asian Insurance Congress 2024
Hong Kong offers exceptional connectivity throughout Asia and globally, alongside a robust insurance market, being the 16th biggest insurance market in the world and a prominent maritime industry. The sophisticated regulatory environment also fosters innovation, making it an advantageous location for our operations. We are confident that business opportunities in Asia will continue to grow, and stakeholders in Hong Kong will play a pivotal role in enhancing our international development.
Lars Lange
Secretary General
International Union of Marine Insurance
Hong Kong serves as a central hub for numerous industries and activities. The city boasts world-class convention and exhibition facilities, reflecting its commitment to hosting significant events. This conducive environment facilitates the attraction of senior executives who actively contribute to meaningful discussions. We value events like the East Asian Insurance Congress, as it not only provides opportunities to engage with experts from diverse organizations within the insurance industry, but also aligns perfectly with our approach to serving our clients and meeting market demands.
Neal Baumann
Financial Services Leader, Consulting Services
Deloitte Global

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