The 30th East Asian Insurance Congress (EAIC) in South Korea has become the latest of the industry’s major events to fall victim to the Covid pandemic.
The organising committee has announced that it has taken the decision to postpone the event for two years.
Organisers said: “In the face of the unprecedented COVID-19 pandemic, the international community has been implementing various control measures to overcome this difficult time. This has introduced many resolutions and decisions including the cancellation and postponement of many international events. It is with a heavy heart that we must announce the cancellation and postponement of the 30th EAIC in Seoul from August 2020 to 2022.
“We endeavored to proceed with the planned schedule considering the long tradition of this biennial congress since 1962, as well as the great volume of interest and support we have received from the global insurance industry. However, after careful discussion with our 30th EAIC board and their approval, it became clear that it is in our best interest to postpone the event to 2022 and support the global efforts to fight this health pandemic. Your safety is the highest priority for us, and we believe you will fully understand this decision.”
“Although it was a tough decision to clean the slate considering the financial, administrative and human resources invested so far, we remain optimistic for EAIC 2022 with the strong support we witnessed for this year’s schedule,” the organisers added. “We want to thank you for your assistance so far and request your continued encouragement. As the saying goes, after a storm comes a calm; we will improve on our experience and offer more fruitful and interesting content for 2022.”