आईआरडीएआई बीमा पर्यवेक्षण संबंधी 8वीं एशिया-पैसिफिक उच्च-स्तरीय बैठक एवं 20वीं एएफआईआर वार्षिक बैठक और सेमिनार की मेजबानी करता है / IRDAI Hosts 8th Asia-Pacific High-Level Meeting on Insurance Supervision and 20th AFIR Annual Meeting and Seminar

**Executive Summary** The Insurance Regulatory and Development Authority of India (IRDAI) will host the 8th Asia-Pacific High-Level Meeting on Insurance Supervision and the 20th AFIR Annual Meeting and Seminar in Hyderabad from December 9-11, 2025. These meetings aim to bring together over 40 senior regulatory officials from 15 jurisdictions to discuss key issues in insurance supervision and regional cooperation. The AFIR was established on May 23rd 2005. **Key Points / Main Content** * **Meetings Overview:** * IRDAI is hosting the 8th Asia-Pacific High-Level Meeting on Insurance Supervision and the 20th AFIR Annual Meeting and Seminar. * The event will take place in Hyderabad from December 9-11, 2025. * The meetings will involve over 40 senior regulatory officials from 15 jurisdictions. * **8th Asia-Pacific High-Level Meeting on Insurance Supervision (December 9, 2025):** * Jointly organized by AFIR, the Financial Stability Institute (FSI) of the Bank for International Settlements (BIS), and the International Association of Insurance Supervisors (IAIS). * Discussions will cover supervisory mandates, regulatory developments, protection gaps in climate, health, and cyber segments, and the potential of Artificial Intelligence in Insurance Supervision. * **20th AFIR Annual Meeting and Seminar (AMS) (December 10-11, 2025):** * The theme is “Innovating with Trust, Including with Care: Charting the Insurance Path Ahead”. * Deliberations will focus on inclusive insurance, innovation in supervision, smarter regulation, and risk modeling tools for climate risk. * **About AFIR:** * AFIR is a non-profit multilateral platform. * Mission: Strengthen regional collaboration, prevent cross-border risks, and advocate for Asia's voice in the global insurance market. * Established via the Beijing Declaration on May 23, 2005. * Objectives: Facilitate the development of insurance markets in Asian countries, enhance regulatory capacities through regional cooperation, and promote information exchange. **Impact Analysis** **Stakeholder: Senior Regulatory Officials from 15 Jurisdictions** *Impact:* * These officials will engage in discussions and learning opportunities regarding insurance supervision, regulatory developments, and emerging risks. * Their perspectives and contributions will shape the future direction of insurance regulation in the Asia-Pacific region. *Action Required:* * Participate in the meetings and contribute to discussions. * Share experiences and insights related to insurance regulation. * Implement relevant learnings and best practices in their respective jurisdictions. **Stakeholder: IRDAI** *Impact:* * As host, the IRDAI has the opportunity to showcase India's insurance sector and regulatory capabilities. * The event enables IRDAI to engage with international counterparts, exchange ideas, and strengthen collaborative relationships. *Action Required:* * Coordinate and facilitate the meetings to ensure their smooth execution. * Share India's regulatory experiences and perspectives. * Leverage the event to promote the development and stability of India's insurance market. **Stakeholder: Insurance Industry in the Asia-Pacific Region** *Impact:* * Discussions and outcomes of the meetings will influence the regulatory landscape and future development of the insurance sector. * Insights on emerging risks, such as climate change and cyber threats, will help insurers enhance their risk management practices. *Action Required:* * Stay informed about the key takeaways and recommendations from the meetings. * Adapt their business strategies and risk management practices to align with evolving regulatory requirements and industry best practices. **Stakeholder: Asian Countries** *Impact:* * AFIR’s objectives to facilitate the development of insurance markets, enhance regulatory capacities and promote information exchange benefit the financial stability and regional cooperation among Asian countries. *Action Required:* * Promote information exchange to allow better regulatory capacities and encourage stable economic growth.

Key Entities Referenced