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Muhavar Samachar
APFinSA

Asia Pacific Financial Services Association

HISTORY

The Asia Pacific Financial Services Association (APFinSA), formerly known as Asia Pacific Life Insurance Council (APLIC), was formed in September 1991, when the first APLIC Congress was held in Singapore, where it was attended by the Presidents of the various life insurance associations in the Asia Pacific region. The Congress, with the theme “Beyond the Crossroads”, was attended by over 5,000 life insurance agents and managers from the various APLIC countries. Due to its success, the Council decided to conduct a Congress every two years.

FRAMEWORK

APFinSA is an organizational framework, consisting 11 member countries of Australia,
Hong Kong, India, Japan, Macau, Malaysia, New Zealand, Philippines, Singapore, Taiwan and Thailand.

OBJECTIVES

APFinSA aim s to

  • To promote professional fraternities among life insurance sales professionals, encourage education standards, and exchange of sales/technical ideas and practices in the Asia Pacific Region.
  • To encourage the enhancement of education and professional standards of life insurance sales personnel in the Asia Pacific Region.
  • To promote cooperation and exchange of sales, business and technical ideas and practices among members of the life insurance sales profession.
  • To share legislative, social, economic an industry changes affecting the Life
    Insurance Industry among the member countries of APFinSA.
  • To assist the life insurance intermediary representative bodies of member countries of APFinSA to represent and promote the interests of life insurance and financial services intermediaries and their profession within their own countries and throughout the Asia Pacific Region.
  • To assist the member countries of APFinSA in informing the public in their respective countries and throughout the Asia Pacific Region of the benefits of life insurance and financial services products.
  • To encourage the member countries of APFinSA to prescribe for their individual
    members and to maintain in the industry high standard of ethical conduct.

Member Associations of APFinSA

  • Association of Financial Advisers (Australia)
  • Life Underwriters Association of Hong Kong
  • Life Underwriters Guild of India
  • Life Underwriters Association of Japan
  • Macau Insurance Agents and Brokers Association
  • National Association of Malaysian Life Insurance and Financial Advisors
  • Financial Planners and Insurance Advisers Association (New Zealand)
  • Life Underwriters Association of the Philippines
  • Insurance and Financial Practioners Association of Singapore
  • Insurance and Financial Practitioners Association of Taiwan
  • Thai Life Underwriters Association

CHAIRMA N’S MESSAGE

It is my privilege and honour to extend my heartiest congratulations to insurance and financial practitioners association of taiwan to be the host of the 9th APLIC Congress.

The 8th APLIC Congress held last month impressed me a lot as insurance elites from all around the world created the mpst inspiring and touching atmosphere. Insurance industry is ever changing and sharing among veterans can always fill us with energies and new insights. As the Chairman of Asia Pacific Financial Services Association, I look forward to a refreshing and fruitful Congress in 2007.

Kelvin Wong
Chairman of APFinSA