History of APFinSA
The Asia Pacific Life Insurance Council (APLIC Council) was formed in September 1991, when the inaugural meeting was held in Singapore, attended by the Presidents of the N8tional Life Underwriters Associations from Australia, Hong Kong, Malaysia, New Zealand, Philippines, Singapore and Thailand. In conjunction, the 1st Asia Pacific Life Insurance Congress (APLIC) was held hosting more than 5,000 delegates from the region. With a common goal, the members of the APLIC Council extended their invitations to include other National Associations from Japan, India, Macau and Taiwan. Followirt~ the success of the 1st APLIC Congress, eight more congresses took its place. Keeping abreast of the many changes in the insurance industry, many of the National Life Underwriters Associations in the region have shifted their focus to the financial service with name changes. In line with this change, the APLIC Council changed its name to the Asia Pacific Financial Services Association )APFinSA) on luly 2003, locating its Secretariat in Singapore. The congress retains its name as the APLIC Congress. Today, eleven countries are represented. More than 8,000 delegates attend the bi-annual congress, making it the largest financial services congress in the region. With one voice, APFinSA serves as the leading speaking platform for industry issues in the region. In addition, APFinSA aims to assist the formation of national associations in the other regional countries and / or territories.