Transfer of Advanced non-life Insurance Skills in Asia
We believe there is no growth for us without growth in the local market. In overseas business, we will therefore actively contribute to the sound development and advancement of the insurance industry in various Asian nations.
Insurance Training Program for 3 ASEAN Countries held on March 2, 2009
A non-life insurance training program was held again this year for the last time, between March 2 and 11, targeting at parties concerned with insurance in the three countries, Cambodia, Laos and Myanmar.
Our company, appointed as a program-organizing body by Japan International Cooperation Agency, or JICA, has been hosting this seminar for 3 years since 2006.
This year, being the final year of the training program, 5 participants from 3 countries attended the program to learn know-how to enhance insurance market, with focus on topics such as Compulsory Automobile Liability Insurance, automobile insurance product coverage, claims administration, sales system and risk management structure of Japan.
In addition to presentations given by MSIG employees from relevant departments, there were guest lectures provided by members of such as Non-Life Insurance Rating Organization of Japan, the Jiken Center Co., Ltd., and Japanese FSA. Through this seminar, we will aim to transfer insurance technical know-how to Asia and thereby will further grow insurance market of each country as well as our Asian business.
Special lecture for risk management (Indonesia) / MSIG Indonesia
In order to get people to understand more about insurance and risk management, MSIG Indonesia held a special lecture for the students of Bogor Agricultural University. This is the second of such lectures, the first of which was held at University Indonesia in September 2007.
Over 300 students majoring in economics gathered on the day.
Students who attended said that “it was very interesting because I had never taken a seminar held by a foreign insurance company before”. We are planning to host similar seminars on a regular basis in future.
Technical Support to the Thai Insurance Premium Rating Bureau
As part of a project to transfer technical skills in Asia, we directly support the establishment and running of The Insurance Premium Rating Bureau in Thailand, dispatching our employees as advisors since it began its operations in April 2005. Activities include maintaining organization and operation structure, providing information on markets in Japan, Asian countries, Europe and Americas, holding training sessions in Japan and data constructing for premium rating calculation.
In May 2007, for the fourth time in a row, we were awarded with “Excellent Insurance Company Award” from the Insurance Department in Thailand in recognition of these activities and our company's excellent performance.
April 24, 2007 Launch of training sessions toward three ASEAN countries
We launched training sessions toward three ASEAN countries regarding Domestic Non-life Insurance skills.
In order to encourage sustainable and healthy development of insurance markets in Asia, we have been committed to supporting insurance skills of insurance directors and insurance company employees in each Asian country. In March 2007, we cooperated with JICA (Japan International Cooperation Agency) to launch a 2-week training session on maintenance of Domestic Non-life Insurance system with 10 insurance directors from 3 ASEAN countries.
