Brunei To Host East Asian Insurance Congress In 2006
By Suria Rina PHA

Bandar Seri Begawan - The Executive Board of the East Asian Insurance Congress (EAIC) has decided that the 23rd East Asian Insurance Congress will be held from July 30 to August 2 next year in Brunei Darussalam, one of the smallest insurance markets in the 11-member grouping.

Yesterday the 23rd EAIC Website was launched by guest of honour, Permanent Secretary at the Ministry of Finance, Dato Paduka Haji Ali Bin Apong.

In his remarks he said, "Despite being one of the smallest insurance markets in the 11-member grouping; namely Brunei, Bangkok, Hong Kong, Jakarta, Kuala Lumpur, Macaw, Manila, Seoul, Singapore, Taipei and Tokyo, the initiative taken by the GIAB in hosting the 23rd Congress signals the sincerity of the insurance industry to fully support the government's initiative in promoting the country as one of the primary financial centers".

The event, which will be held at the state-of-the-art International Convention Centre in Bandar Seri Begawan, is ranked as one of the most important in the calendars of insurers, reinsurers, brokers, insurance regulators and service providers around the world and serves as the platform to make new business contacts and rekindle old ties.

The conference is expected to bring together some 1,000 decision makers and leaders to discuss key issues facing the insurance industry today.

Ms Dorothy Newn, Chairperson of the General Insurance Association of Brunei (GIAB), the host of the 23rd EAIC said: "We have specially timed this conference to coincide with the 60' birthday celebrations of His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam.

This will give delegates the real opportunity to join Bruneians in this most joyous and memorable occasion. The whole country will be bedecked in the best of auspicious colours and decorations.

It will be truly a memorable visit especially for those visiting our country for the first time."

The Conference will feature formal and informal sessions that address significant and critical issues facing the life and non-life insurance industry including the recent earthquake in Pakistan and India, the Katrina 'Hurricane, Indian Ocean Tsunami, Corporate Governance, Disaster Prevention, Reputation Risks and Educating the Consumers.

The early bird registration for the Conference closes on January 31, 2006. Those interested can check out the website http://www.eaic2006bsb.com.bn for details.  -- Courtesy of Borneo Bulletin

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