Year 2008 - Insurance Industry after current finanical tsunami

7 2008 YEARBOOK 二 〇 〇 八 年 年 刊 from the Consumer Council The insurance industry, like all other sectors of the society, faces unprecedented challenges brought by the global financial tsunami. One of the biggest challenges is to rebuild consumer confidence which has been tarnished by the financial crisis and credit downgrading faced by some insurance giants. Consumers look upon the professional and unbiased advice provided by insurance intermediaries to help them seek appropriate and affordable insurance coverage to get through difficult times. The distinguished leadership of the Chamber and its support to Members are of particular importance during this critical time. The Consumer Council will continue to join hands with the industry to ensure a fair marketplace which is beneficial to both consumers and businesses. I congratulate the Chamber for its past achievements and wish it every success in meeting all future challenges. Prof. Anthony CHEUNG , BBS, JP Chairman Consumer Council Message