The East Asian insurance market needs to further exchange information through the forum provided by the East Asia Insurance Council (EAIC) to raise awareness of environmental and social issues and respond to this paradigm shift at the industry level. , said Masayuki Tanaka of EAIC. General Secretary.
The Japan Life Insurance Association released Mr. Tanaka’s message ahead of East Asia Insurance Day, which is held on October 18 every year.
In his message, Mr. Tanaka stated that insurance companies are expected to not only provide “coverage” to reduce potential risks, but also play a “preventive” role in improving people’s quality of life (QOL). Masu. ) by preventing accidents and diseases and promoting a healthy lifestyle.
He added that many companies have incorporated SDGs (Sustainable Development Goals) into their management philosophy. Insurance companies, which play a role that complements social insurance, are expected to play a role in solving these social problems.
From a global perspective, assessment reports on climate change, biodiversity and ecosystem services (e.g. the Intergovernmental Panel on Climate Change (IPCC) and the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) )) is becoming more common. Tanaka says the evidence demonstrates that higher levels of global warming and natural resource degradation will severely impair human well-being.
“I sincerely hope that by making East Asia Insurance Day widely known, it will deepen insurance literacy in each country and contribute to the development of the entire Asian region.”
Regarding LIAJ’s efforts in this field, Mr. Tanaka said: “While steady efforts such as disseminating information about the insurance system through the media and lectures at universities have contributed to improving literacy in these countries, LIAJ has also contributed to signature activities.” Several domestic and international publications He contributes articles to articles and provides EAIC-related information on his website. ”
East Asia Insurance Day was celebrated in 2006 with the aim of promoting international cooperation on insurance across East Asian markets and improving insurance literacy by encouraging educational activities across the region based on local demand. Established during the 23rd EAIC.
